Product volumes from the marketing segment of Emirates National Oil Company (Enoc) grew by 10 per cent in 2015, the company has revealed at its recent Annual Marketing Conference 2016 in Dubai, UAE.

"The Enoc Marketing portfolio includes a diverse portfolio of products and services, reaching customers within a variety of sectors like aviation, automotive, industry and even individual households," said Saif Humaid Al Falasi, CEO of Enoc Group. "Volume growth despite the downturn of oil prices is therefore a testament to the differentiation of our products, ingenuity of our operations and the excellence of our sales team."

Enoc Marketing is responsible for the marketing of products such as jet fuel, liquefied petroleum gas, lubricants, bulk fuel and alternative fuel like compressed natural gas.

"Our core focus is to provide our customers with a one-stop shop of solutions, irrespective of the location or time," said Zaid Alqufaidi, managing director, Enoc Marketing. "While economies continue to fluctuate, maintaining this core value has allowed us to grow market share, in spite of the challenging economic situation. From research with our customers in 2015, customer satisfaction has also increased, reflecting the strong performance of our team."

Despite the decline in oil prices, revenues from the marketing segment contributed 16 per cent of overall group earnings.