AGAPE ATP Subsidiary Partners with Dubai’s Citadel for Global Oil, Gas Trades
ATPC’s subsidiary, ATPC Green Energy, has signed a collaboration agreement with Dubai-based Citadel Investment LLC to explore and facilitate cross-border oil, gas and petrochemical trades using a commission-based profit-sharing model. The partnership leverages both firms’ networks to target high-value global market opportunities and streamline supply arrangements.
1. Strategic Collaboration Agreement
Through its unit ATPC Green Energy Sdn. Bhd., ATPC has formalised a collaboration agreement with Citadel Investment LLC of Dubai to jointly identify, structure and facilitate transactions in oil, gas and petrochemical products across international markets.
2. Partnership Structure and Focus
The agreement assigns ATPC Green Energy to introduce potential buyers and trade opportunities while Citadel leverages its supplier relationships to secure competitive pricing and long-term supply arrangements for petroleum products.
3. Expansion of Global Energy Trading
This collaboration strengthens ATPC’s strategic position in the global energy sector by combining complementary market intelligence and commercial networks to pursue high-value cross-border trading opportunities.
4. Compliance and Profit-Sharing Framework
Transactions introduced under the partnership will operate on a commission or profit-sharing basis, with both firms committed to compliance with international anti-corruption, sanctions and anti-money laundering regulations.