Gazpromneft and Enso Group to boost lubricant distribution in India
Gazpromneft-Lubricants, a subsidiary of Russia’s Gazprom Neft, has inked a strategic agreement to expand the distribution of its lubricant products throughout India with Enso Global Trading based in Dubai, United Arab Emirates. This alliance ensures consistent supplies of base oils, motor oils, hydraulic oils, and gearbox oils, to meet the growing needs of the Indian market.
Enso Oils & Lubricants, a subsidiary of the Enso Group, will oversee the import and distribution of Gazpromneft-Lubricants’ premium oils, lubricants, and technical fluids, serving diverse industries.
Vinay Maloo, chairman of Enso Group, said, “Our partnership with Gazpromneft is a significant stride, and we anticipate mutual benefits from this collaboration.”
Radhakrishnan Ramarathnam, CEO of Enso Oils & Lubricants, added, “Gazpromneft Lubricants offers top-notch products for both automotive and industrial sectors, meeting the specific needs of Indian consumers.”
The partnership aims to enhance the supply of specialised lubricants to India’s leading industrial equipment and machinery manufacturers and other businesses. Gazpromneft-Lubricants will provide advanced engine oils and transmission oils for modern passenger vehicles produced in India, ensuring optimal performance in warmer climates.