Toni Issa, Vice-Chairman of IPT Group, right, and Daniel Alvarez, Managing Director of Total Liban pose for a photo, April 25, 2019. (The Daily Star/HO)
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Total Liban and IPT announced Thursday their strategic partnership that resulted in the establishment of a new company "Fuel Logistics Co. SAL" which specializes in the provision of logistics services and the supply of petroleum products.This partnership will further strengthen our service delivery to our customers through an enhanced supply chain network," said Daniel Alvarez, managing director of Total Liban. He added that Total Liban and IPT joined forces to establish the "Fuel Logistics Co. SAL" whose shares are equally held by both companies. IPT on the other hand, has been in the oil and gas business for more than 30 years.
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