Uzma Group Signs Expression of Interest For Sale and Purchase of Hydrocarbon Fuel & Products in Papua New Guinea

Kuala Lumpur, Malaysia – 12 July 2024 – Uzma Berhad (“Uzma”), a leading Malaysian energy solutions provider, proudly announces that its 51%-owned subsidiary, Jannatul Firdaus International Sdn Bhd (“JFI”), has signed an Expression of Interest with Arafura Energies Ltd (“Arafura Energies”) and Australian Niugini Services (“ANS”) with a view to enter into a Master Sale and Purchase Agreement for the sale and purchase of hydrocarbon fuel and products. This represents a new milestone in Uzma’s efforts to expand its international presence and capabilities in the hydrocarbon fuel market.

Strategic Partnership
Arafura Energies, a provider of refined petroleum products in Papua New Guinea, aims to secure a diversified and stable Jet fuel and Gas oil supply for the domestic market through strategic international partnerships. ANS, known for its extensive services in procurement, supply chain management, hospitality, real estate development, and more, supports businesses across Papua New Guinea and Australasia. This collaboration underscores the commitment of all parties to enhancing the energy infrastructure and ensuring a reliable fuel supply chain.

Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma, stated, “Uzma is extremely pleased to have secured this partnership with Arafura and ANS and with it marks our entry into a new and exciting market of Papua New Guinea. We are very proud to be able to play a significant role in contributing to the country’s energy security and sustainability.

About Uzma Group
Uzma is a leading Malaysian company in the energy and technology industry, with operations across Malaysia, Thailand, Indonesia, and the Philippines. Our track record in delivering exceptional customer service and high-quality solutions has solidified our presence in the region, especially in the area of well and production solutions in the energy sector.
Uzma is expanding into new markets and offers innovative services that go beyond the Malaysian borders and our traditional business. We have strategically repositioned our business, emphasizing integrated solutions, asset/technology-based approaches, and diversification into new growth areas such as New Energy, Digital Earth, and Energy Trading business.
For more information on Uzma and our transformative solutions, visit us at www.uzmagroup.com.

For media inquiries, please contact:
Group Communications – Uzma Berhad
Email: [email protected]
Tel: +603 7611 4000