WOQOOD likely to open 30 new petrol stations by 2018-end

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Qatar Fuel or WOQOD in common parlance, which is the main distributor of petroleum products in the country, will likely have 30 new petrol stations by the end of this year, it was announced. 

 

If the goal is reached, the total number of fuel stations will go up to 88. The company earlier announced to make huge investment this year as part of its long-term growth strategy, and expanding its operations in Qatar. 

WOQOD in this regard is investing QR634m this year in developing new projects, with special focus in opening more fuel stations across the country.

Saad Rashid Al Muhannadi, the chief executive officer of WOQOD said that the company wants to reach from 58 to 88 petrol stations by the end of this year, adding that those are not just plans, but signed contracts with developers who are implementing them on the ground, as reported by The Peninsula.

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