Gulf Oil International signs up with KA Petra

Gulf Oil International Ltd has signed a preliminary agreement with KA Petra Sdn Bhd in hopes of leading to a full partnership for the distribution of Gulf Oil lubricants in Malaysia.

The Massachusetts, US-based oil company said the partnership intends to take advantage of the sizeable domestic market and KA Petra’s well-established business relationship with Gulf Oil Marine Ltd in Malaysia.

It is also part of Gulf Oil’s long-term strategy in the region, a press release on the agreements yesterday noted.

Following the preliminary agreement, KA Petra will now begin the process to become responsible for the primary distribution of Gulf Oil’s products in the country.

The company’s lubricants cover passenger and commercial vehicles, motorcycles, industrial and agricultural segments as well as marine products, which KA Petra is already distributing.