MIDAS OIL TRADING DMCC
MIDAS OIL TRADING DMCC Company registered in March 2020.
MIDAS OIL TRADING DMCC Company is a member of international oil trading business. Main activities are sale and purchase of gasoline, gasoil, arranging logistics for the Goods as well as their throughput at the terminals outside the UAE.
Mission and strategy of the Company
Main mission of MIDAS OIL TRADING DMCC Company is providing price stability and reliable supplies of export market with oil products aiming at 1% of the world deliveries.
Long term Company has approved strategic plan on all the priorities, namely – increase of business profit, provision of high-quality project management, development of corporate culture and technological business capacities.
Perspective plan of the Company is stable development of logistic system of the Goods movement, maximizing efficiency of logistic resources using automated systems of logistics management, up-to-date program resources for automatization and control. It is planned to spend on these activities min $5mln from trade revenue in 2020-2021.
Company business is planned to be held in European countries, Russian Federation, Kyrgystan, United Arab Emirates, Kazakhstan.
Main suppliers are top Russian oil products producers.
In 2020-2021 the Company is expecting to realize around 20 000metric tons of different grades of gasoline and gasoil on the export market. Goods realization at the exchange is expected to achieve about $5mln.