Gazprom Neft reaches agreement with Enso Global Trading on oil deliveries to India, Asia-Pacific region

MOSCOW. Sept 11 (Interfax) - Gazprom Neft-Lubricants, the operator of Gazprom Neft's lubricants business, and international company Enso Global Trading have entered into a strategic cooperation agreement, Gazprom Neft said in a statement.

The document provides for the supply of a wide range of innovative oils to the Indian market. In partnership with Enso Global Trading, Gazprom Neft-SM products will also be widely represented in countries throughout the South Asian region.

"Specialized lubricants will be supplied to major Indian industrial enterprises, while premium oils will be supplied to the modern passenger car market. Innovative formulations of Gazpromneft-SM products have been created with a view towards operation of machinery in the high humidity and hot climate of India," the statement indicates.

Gazprom Neft-Lubricants specializes in the production and sale of oils, lubricants and technical fluids. The company's products are supplied to 80 countries, including countries in Europe, Africa, Asia and South America.

ENSO Global Trading is a subsidiary of ENSO Group, a multinational diversified conglomerate founded in 2005. ENSO Global Trading is a trading solutions provider specializing in the trading of petroleum products (crude oil, diesel and jet fuel, oils, LNG), metals, fertilizers and agricultural products.