Company to expand network of filling stations from 840 to 1,000 stations over next 5 years
ADNOC Distribution plans to expand its network of fuel stations in the UAE, Egypt, and Saudi Arabia, and launch more fast electric vehicle chargers as part of its five-year growth and expansion strategy.
This was mentioned by Engineer Bader Saeed Al Lamki, CEO of ADNOC Distribution, in statements on the sidelines of the second and final day of the Make It in the Emirates Forum. He added that the company aims to expand its network of filling stations from 840 currently in the UAE, Egypt, and Saudi Arabia to around 1,000 stations over the next five years.
“ADNOC Distribution targets opening between 15 and 20 new fuel stations this year in key locations that are easy to access, in addition to its plans to expand non-fuel retail services, as part of its efforts to become a leading company in the multi-energy sector.”
He added, “ADNOC Distribution currently has 90 fast EV charging points in key locations, and aims to reach 150-200 fast chargers by the end of this year. The company also plans to install 500 fast electric chargers over the next five years.”
With the goal of transforming the retail industry, ADNOC Distribution is taking concrete steps to advance our clients’ access to sustainable mobility solutions. To better serve our clients, we are expanding both domestically and globally by making daring and revolutionary changes. With a focus on the needs of our customers, we offer digitally enabled travel as well as cutting-edge goods and services that will promote rapid and sustainable development for the mobility of the future. ADNOC Distribution, which is listed on the Abu Dhabi Securities Exchange (ADX: ADNOCDIST), celebrated its fifth anniversary as a publicly traded company in 2022. This accomplishment was made possible by the corporate governance framework, which is overseen by the company’s seven-member board of directors, which is backed by senior management.
All seven UAE emirates have petroleum service stations run by ADNOC Distribution, which is also the biggest operator in Abu Dhabi, Sharjah, and the Northern Emirates. 66 service stations are operated by ADNOC Distribution in the Kingdom of Saudi Arabia, where the company has expanded its global activities. As part of its objectives for global expansion, ADNOC Distribution is looking into prospects in the GCC, the Middle East, North Africa, and Asia.
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