Qatar: Woqod Fuel Retail Network Expansion Plans

Qatar: Woqod Fuel Retail Network Expansion Plans

Qatar Fuel (Woqod) is planning to have a total of 88 fuel service stations by the end of this year.

120 fuel service stations in the next three years as part of the company’s ambitious expansion plan in the local market says Woqod CEO Saad Rashid al-Muhannadi.

“It is highly expected that the number will rise to 88 fuel service stations by the end of 2018, where 30 additional fuel service stations, 10 of which are mobile, will be built,” al-Muhannadi explained.

The Woqod CEO said the company's current share in the fuel retail market reached 64% compared to only 48% in 2016, and stressed that it will rise to 85% by the year 2020.

“This year witnessed the building of four permanent fuel service stations in Al Egla, New Slata, Al Thummama, and Motor City areas, in addition to two mobile fuel service stations,” al-Muhannadi said.

In addition to eight mobile fuel service stations, 16 other permanent fuel service stations will be built this year in Lusail City, Fox Hill, Fereej Kulaip, Old Slata, Rawdat Al Hamama 2, Al Khairitiyat, Al Gharaffa (Ezghawa), Al Thummama 2, Wholesale Market, Umm Ebairiya, Messaimeer South, Al Wakrah 2, Hazm Al Markhiya, Al Froosh, Al Ezzaiziya, HIA, and Wadi Aba Saleel, he noted.

Al-Muhannadi said: “Woqod will not hesitate to build any fuel service station in every location where the plot of land is to be allocated. Woqod is looking forward for more land allocation in Doha City for fuel service stations.

Al-Muhannadi also said Woqod will install 158 or 51% additional dispensers at fuel service stations this year to compensate the shortage created by the decommissioning of some privately-owned stations.

On Woqod’s mobile fuel service stations, al-Muhannadi said: “The mobile fuel service stations are there mainly because of the closure of private fuel service stations. And even the return on investments on these mobile fuel service stations is very low.

“I think once we achieve over 110 or 115, we will phase out these mobile fuel service stations but in the meantime we will still keep them to make sure that we still deliver customer service.”

On fuel service station growth and fuel growth trends, al-Muhannadi said Woqod “is determined to double the number of fuel service stations by effecting a 100% increase from 2018 to 2020 with the view to achieve customer satisfaction and avert queues in the fuel service stations, despite the fact that the increase of fuel consumption during the said years will not exceed 10%.” PWKD12062018

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