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Adnoc's expansion drive gathers momentum

Princess Tarfa

Adnoc Distribution, the UAE's leading gasoline and convenience retailer, has celebrated the launch of more than 450 stations across the UAE. The 450th station, located in Sustainable City in Dubai, started operationally in April. It was the newest ‘Adnoc On the move' neighborhood station and the company's 31st station to launch in the emirate of Dubai as of April 30 this year.

To commemorate this significant milestone in the firm's ongoing expansion, the Sustainable City station recently organized an official celebration, which was attended by top members of the corporate leadership team, namely CEO Bader Al Lamki.

The new 'Adnoc On the Go' station in Sustainability City, one of 42 neighborhood stations currently operating in the UAE, provides the community with eight gasoline pumps and a stand-alone ADNOC Oasis convenience shop. The modular station is intended to provide gasoline and retail convenience to places where regular outlets are inconvenient.

Following the 450th milestone, the company's network expanded even further, with a total of 454 locations functioning at the end of April, and 337 Adnoc Oasis convenience stores, and several sites already in advanced stages of building. Throughout the UAE and Saudi Arabia, the business plans to build 70-80 additional stores this year.

Adnoc Distribution is the UAE's major gasoline distributor and convenience store provider, and is listed on the Abu Dhabi Securities Exchange (ADX) under the ticker "ADNOCDIST." As of 30 April 2021, ADNOC Distribution maintains 454 retail gasoline stations and 337 convenience shops which is the major retailer and distributor of fuels to commercial, industrial, and government clients in the UAE. Adnoc Distribution seems to be the only fuel retailer in the UAE's seven emirates, and it expanded its business abroad in 2018 by opening two service stations in the Kingdom of Saudi Arabia.

To learn more, go to www.adnocdistribution.ae.

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