AAA rating for Dubai oil firm
QUEBEC Energy LLC, a Dubai-based oil company, has been awarded a AAA rating by Coface, a world leader in credit management services. The Paris-based company, in partnership with Dubai Chamber of Commerce and Industry (DCCI), has been offering credit rating service to companies and establishments in Dubai since 2005.
The DCCI has set up the ‘Credit Rating Unit’ within its premises in accordance with its strategic objective of facilitating the local and international businesses various value added products and services to help them face the growing challenges in the global markets. Quebec Energy, founded in 1980, is an international oil trading company focused on Asia, Africa and the Middle East.
“Intelligent direct investment in assets and infrastructure related to its trading activities is a key to success in the oil trading business, and therefore the company is engaged in acquiring storage tanks in various strategic trading hubs including the UAE and Africa that would allow it to improve logistics, reduce costs or add new revenue-generating activity to its trading portfolio,” a company spokesman said.
Quebec is a primarily active in physical inland fuel distribution in Africa including transportation by vessel, pipeline, railcar and truck. Coface is rated AA by Fitch and AA3 by Moody’s. Source
The DCCI has set up the ‘Credit Rating Unit’ within its premises in accordance with its strategic objective of facilitating the local and international businesses various value added products and services to help them face the growing challenges in the global markets. Quebec Energy, founded in 1980, is an international oil trading company focused on Asia, Africa and the Middle East.
“Intelligent direct investment in assets and infrastructure related to its trading activities is a key to success in the oil trading business, and therefore the company is engaged in acquiring storage tanks in various strategic trading hubs including the UAE and Africa that would allow it to improve logistics, reduce costs or add new revenue-generating activity to its trading portfolio,” a company spokesman said.
Quebec is a primarily active in physical inland fuel distribution in Africa including transportation by vessel, pipeline, railcar and truck. Coface is rated AA by Fitch and AA3 by Moody’s. Source
No comments:
Post a Comment