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Mabanaft opens new office in Singapore

09.07.2007 - Hamburg:

Effective July 2nd Mabanaft has opened a new office in Singapore. The new subsidiary will operate under the name of Mabanaft Pte. Ltd. The launch of the Singapore office is part of the international growth strategy of Mabanaft.

Mabanaft Pte. Ltd. will trade physical petroleum products and derivatives in the Far East and will provide constant market liquidity.

A professional team of employees will analyze market imbalances and develop tailor made solutions for its customers. The team will act in close cooperation with Mabanaft offices in Rotterdam and Houston.

Please contact :

Mr. Stefan Herde, Managing Director
Tel : +65 6305 8001, stefan.herde@mabanaft.com.sg

Mr. Yukio Kurata, Trading
Tel : +65 6305 8008, yukio.kurata@mabanaft.com.sg

Mr. Ong Eng Tong, Business Development Asia Pacific
Tel : +65 6305 8012, ong.eng.tong@mabanaft.com.sg

Mabanaft GmbH & Co. KG is the trading division of Marquard & Bahls AG, which is a large privately owned oil company in Europe. Through its subsidiaries and representative offices, Mabanaft is well positioned in all important regions worldwide. The business encompasses cargo and barge trading, the import and wholesale of petroleum products. Furthermore the company is active in service stations, heating-oil retail, lubricants, biofuels and bunker services.

For more information, please visit www.mabanaft.com
and www.mbholding.com.

For further information, please contact:

Mabanaft GmbH & Co. KG
Dr. Christian Flach
Managing Director
Tel.: +49-(0)40-370 04-0
Fax: +49-(0)40-370 04-352
Email: christian.flach@mabanaft.com
Admiralitätstraße 55
20459 Hamburg
Germany