UAE's ADNOC Distribution opens new service station in Saudi Arabia

ADNOC Distribution’s service station in Saudi Arabia

ADNOC Distribution, which is listed on Abu Dhabi Securities Exchange (ADX), announced today, Dec. 20, the opening of its latest service station in Saudi Arabia.

In a statement, the company stated that the new station is the first in the Kingdom to be fully constructed and fully operated by ADNOC, bringing its modern fuel and retail convenience to customers and communities in Saudi Arabia.

The station will offer fuel and non-fuel retail, with car wash and lube change located onsite, as well as the first signature ADNOC Oasis store in the Kingdom, offering a wide selection of products, and a range of fresh food as well as hot and cold made-to-order beverages.

In H1 2021, ADNOC received no objection certificates from the Saudi Arabia's General Authority for Competition (GAC) to acquire 35 stations in Saudi Arabia, which were previously announced in December 2020 and February 2021.

The company plans to open more service stations in Saudi Arabia in 2021, in accordance with its smart growth strategy locally and internationally.

ADNOC Distribution CEO Bader Al Lamki said this continued expansion is an integral part of the company’s overarching strategic growth plans.

"We look forward to more openings later this year and into 2022," Al Lamki noted.