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Peninsula Petroleum Announces Dubai Office

01 January 2007

Peninsula Petroleum Ltd would like to announce the opening of its new office in Dubai. Peninsula Petroleum Middle East DMCC represents an exciting new development for the Peninsula Petroleum group of companies, following on from the success achieved with the establishment of other international offices in Piraeus (2005) and Singapore (2006). The inauguration of the new office in Dubai emphasises Peninsula Petroleum's commitment to meeting its clients' needs by maintaining a presence in key areas of strategic significance to the shipping and energy markets.

Peninsula Petroleum Middle East DMCC will represent the physical supply and global bunker trading activities of Peninsula Petroleum Ltd to clients in the region of the Eastern Mediterranean, Suez, Arabian Gulf and Middle East. It will also liaise with regional suppliers with the aim of strengthening relationships with them, ensuring Peninsula Petroleum?s ability to offer its clients access to the fullest range of delivery options in key ports from suppliers of quality bunkers, with the guarantees of the highest levels of service and most competitive prices for which Peninsula Petroleum is renown.

Peninsula Petroleum Middle East DMCC will be managed by Sherine Sherif, who has 10 years of experience in the maritime and bunkering markets. Sherine has specialist knowledge of the bunker markets of the Suez Canal and Middle East and has a first class network of contacts with the leading bunker suppliers throughout the region. Sherine holds a BSC in International Commerce from the prestigious University of Alexandria and is fluent in Arabic and English.