ADNOC has announced an ambitious plan to expand its network of fuel stations across the UAE, Egypt, and Saudi Arabia, aiming to increase its total number of stations to approximately 1,000 over the next five years. The announcement was made by Engineer Bader Saeed Al Lamki, CEO of ADNOC Distribution, at the Make It in the Emirates Forum.
As part of its five-year growth and expansion strategy, the company is also set to boost its non-fuel retail services and increase the availability of fast electric vehicle (EV) chargers. From a current tally of 840 fuel stations, ADNOC Distribution plans to open between 15 and 20 new stations this year alone, focusing on key locations for optimum accessibility.
“The expansion of our network is pivotal as we aim to consolidate our position as a leading company in the multi-energy sector,” Al Lamki explained. “This strategy not only supports our growth but also aligns with the increasing energy demands in these markets.”
ADNOC Distribution is also making significant strides in the green energy domain, aiming to enhance its current setup of 90 fast EV charging points to between 150 and 200 by the end of this year. Over the next five years, the company plans to install a total of 500 fast electric chargers across its network.
The move to expand in Egypt and Saudi Arabia is strategic, leveraging the increasing economic integration in the region and the rising demand for energy solutions that include a mix of traditional and renewable energy sources. By increasing its presence outside its traditional Emirati market, ADNOC Distribution aims to tap into new consumer bases and respond to the evolving energy landscape, marked by a swift shift towards sustainability and energy efficiency.
Original article ADNOC Distribution embarks on major expansion in the Middle East and North Africa - Oil & Gas Middle East (oilandgasmiddleeast.com)
Share this:
