(EnergyAsia, February 10 2012, Friday) — Coal & Oil Group, a Dubai-based family-owned energy company, said it is opening a regional office in Singapore to better serve its growing businesses in Asia-Pacific countries including Southeast Asia, Australia and the Far East.

With a turnover of over US$500 million, the company has also established East India Energy Pte Ltd in Singapore to handle its coal activities with existing and potential trade partners.

Ahmed A. R. Buhari, the Coal & Oil Group’s founding President and CEO, said it sees great opportunity to expand in coal trading in South Asia, Southeast and China.
 
“Some of the biggest growth and development has occurred in this region, especially in India and China. We are very excited to be here to explore new developmental ideas which Singapore and companies in the region can take advantage of.

“We are in talks with some large companies here to explore mutual cooperation and partnerships to enable closer interactions and investment into South India, an area which has special significance to Singapore. It will allow us greater accessibility to companies that are considering India as a promising investment destination.”

Active in the coal, shipping, logistics and power generation businesses, Coal & Oil Group is an integrated energy company with bases in Dubai and India, and building a presence in international coal trading.

The company specialises in managing critical fuel supplies from mine to end-user plants in a range of industries including power generation, and the production of cement, sugar, textile, brick, metal. With more than 15 years experience in procurement, shipping and logistics, the company is well positioned to provide customised solutions to its customers.