Saudi fuel station market share breakdown by end-2025

11:29 AM (Mecca time) Argaam Special


Saudi Arabia’s fuel stations market witnesses a notable shift in its market share structure, as the share of major companies continues to rise at the expense of individual investors amid the expansion of organized operators and ongoing acquisition activity.

 

By the end of Q4 2025, the market share of the major companies reached about 32.3% of the total number of stations in the Kingdom, according to Aldrees Petroleum and Transport Services Co.'s report. These companies collectively operate 2,456 fuel stations.

 

Aldrees leads with a 17.1% market share, followed by Saudi Automotive Services Co. (SASCO) (8.59%), J-Oil (2.32%), Mazaya Fuel (2.27%), and Saudi Aramco (2.03%).

 

This expansion is supported by acquisitions and growth in station networks, as Saudi Aramco acquired Sahel Fuel to strengthen its presence in the retail and distribution segment. Additionally, SASCO acquired Naft Services Co. as part of its strategy to expand its network and station count.

 

Market Share Distribution for Saudi Fuel Station Companies

Company

Q3 2025

Q4 2025

Aldrees

16.20%

17.10%

SASCO

8.29%

8.59%

J-Oil

2.30%

2.32%

Mazaya

2.17%

2.27%

Aramco

1.97%

2.03%

Other Companies

24.93%

23.83%

Individual Investors

44.13%

43.86%

Total

100%

100%

 

According to the report, Aldrees added 69 stations, while SASCO expanded its stations by 23 as of December 2025.

 

In contrast, the number of stations owned by individual investors declined by about 21, bringing the total number of fuel stations in the Kingdom to 7,600.

 

Distribution of Saudi Fuel Stations

Company

Q3 2025

Q4 2025

Change

Aldrees

1,231

1,300

+69

SASCO

630

653

+23

J-Oil

175

176

+1

Mazaya

165

173

+8

Aramco

150

154

+4

Other companies

1,895

1,811

(84)

Individual investors

3,354

3,333

(21)

Total

7,600

7,600

--

 

The share of stations owned by individual investors has continued to decline over the long term, falling from nearly 90% in previous years to about 43.9% by the end of 2025. The change was a result of the entrance of new players and increase in acquisition deals, reflecting a clear structural shift in the Saudi fuel stations market.

 

Market Share of Individually Owned Fuel Stations

Year

Market share of total stations

2017

89%

2018

89%

2019

88%

2020

88%

2021

86.92%

2022

85.19%

2023

72.14%

2024

65.18%

2025

43.86%

 

The regulatory framework and approved requirements for service centers and fuel stations are considered among the key factors affecting market structuring. These include requirements related to safety, service quality, and compliance with environmental and operational standards, contributing to improving operational efficiency and the level of services provided to consumers.

 

A permanent executive committee for service centers and fuel stations has also been established to coordinate efforts among relevant entities, enhance sector development, and monitor the implementation of regulations and requirements, enhancing market organization and supporting its long-term sustainability.

 

According to Ministry of Energy’s Taqah Energy Newsletter, the share of operating fuel stations and those under development or under construction by qualified entities rose from 25% in 2021 to 69% by the end of Q1 2025.

 

The number of qualified entities also more than doubled over the same period, increasing to 62 entities by the end of Q1 2025 from 28 in 2021, reflecting the expansion of the qualified operators base and the role of regulation in supporting the efficiency and sustainability of the fuel stations sector in the Kingdom.

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