Exxonmobil Signs Agreement

Tuesday, May 28, 2002
EXXONMOBIL Marine Fuels (EMMF), the world's largest supplier of marine fuels, has signed a supply agreement with NT Marine of Estonia, the biggest marine fuels trader in the region extending from Tallin in Estonia to St. Petersburg in Russia. The agreement initially covers St Petersburg and all the main ports in Estonia, including Tallin, Muuga, and Paldiski. It may be extended next year to cover other ports, depending on industry developments in the region. EMMF will be supplying a full range of marine fuels products. And existing EMMF customers will be given priority in terms of fuel purchases in the region transacted through NT Marine, which is able to offer an in-line blending barge service to fuel purchasers. Joe Rud, general manager of fleet purchasing, business development and e-commerce at EMMF, says, "The agreement with NT Marine represents an important development in EMMF's strategic objective to make available to first-class operators throughout the world access to EMMF's bunker products, and the quality and safety guarantees with which they have become synonymous."

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