Five major players hold 31% share of Saudi fuel station market

11:07 AM (Mecca time) Argaam Special


Five major companies hold a combined 31% share of Saudi Arabia’s fuel station market, including two listed firms — Aldrees Petroleum and Transport Services Co. (Aldrees) and Saudi Automotive Services Co. (SASCO).

 

Aldrees leads the market with a 16.2% share of total stations across the Kingdom, followed by SASCO (8.3%), J-Oil (2.3%), Mazaya Fuel (2.17%), and Aramco (roughly 2%).

 

Saudi Aramco earlier acquired Sahel Fuel to strengthen its presence in retail and distribution, while SASCO acquired NAFT Services Co. to expand its network and station count.

 

The remaining market share is held by smaller operators and individual investors, according to an Aldrees report.

 

Market Share of Saudi Fuel Stations in Saudi Arabia (End of Q3 2025)

Company

Market Share

Aldrees

16.20 %

SASCO

8.29 %

J-Oil

2.30 %

Mazaya

2.17 %

Aramco

1.97 %

Other

24.93 %

Individual Investors

44.13 %

Total

100 %

 

The total number of fuel stations in the Kingdom has reached about 7,600 stations, of which Aldrees had 1,231 as of Sept. 30, 2025, compared with 630 stations for SASCO.

 

Distribution of Fuel Stations in Saudi Arabia (End of Q3 2025)

Company

No. of Stations

Aldrees

1231

SASCO

630

J-Oil

175

Mazaya

165

Aramco

150

Other

1,895

Individual Investors

3,354

Total

7,600

 

On the other hand, individually owned fuel stations have lost market share from around 90% in 2017. The share has been gradually shrinking as new companies enter the market and existing operators pursue acquisitions.

 

Market Share of Individually Owned Fuel Stations

Year

Market Share of Total Stations

2017

89.00 %

2018

89.00 %

2019

88.00 %

2020

88.00 %

2021

86.92 %

2022

85.19%

2023

72.14 %

2024

65.18 %

2025

44.13 %

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