£3m deal for fuel firm

Mallusk-based ValueOils.com said the deal with Mabanaft would bring major advantages, including supply guarantees and a range of market pricing options for commercial buyers.

“Taken in conjunction with our unique web-based business operations, commercial customers can now benefit from different buying mechanisms for purchasing commercial fuel, including fixed future price, depending upon which is best for the demands and constraints of their industry,” explained Managing Director, Donall O’Connor.

“Typically, with credit terms being reduced throughout the fuel industry, our low cost model permits those commercial operators who can pay more promptly to take advantage of these flexible pricing options.

“This is an area of growing demand as Northern Ireland businesses focus on optimising overhead costs and the technology that we use permits us to adapt quickly to take advantage of these market opportunities,” he added.