By Staff writer
Retail business unit of Emirates National Oil Company outlines growth plans for next four years
The retail business unit of Emirates National Oil Company (ENOC) plans to increase capacity by 40 percent between 2016 and 2020 across its network of service stations in the UAE.
The growth plans include ongoing renovation of two major service stations in Dubai Internet City and Oud Metha and the construction of 54 more stations in Dubai, the company said in a statement.
Burhan Al Hashemi, managing director, ENOC Retail, said: "We are looking at an increased growth over the next few years as ENOC expands and aims to be an international integrated oil & gas player.
"Our service station expansion programme is part of our growth strategy and we hope to alleviate some of the issues for our valued customers as we innovate to implement new technologies to promote sustainability, enhance customer experience and ensure the highest standards of health and safety."
The company said the renovated service stations will ensure safety, easier entry and reduced queuing at pumps. In addition to more dispensers, these stations will also have automotive services and retail stores, including ZOOM and Autopro.
It added that the stations will feature new energy saving technologies, such as the use of a solar panels system which will be installed onto the main canopy of the service stations to generate power with the DEWA grid system.
The Dubai Media City service station, which is currently being renovated, is expected to start operating in June while ENOC currently has seven stations under construction in Al Barsha South 1st and 4th, Al Ruwaiyah, Warsan 3rd, Al Sofouh, Discovery Gardens, and Oud Metha.
Additional locations planned for 2016 and 2017 include eight stations across Jumeirah Village, Dubai Investment Park 1st, Al Marmum, Nad Al Sheba, Dubai Industrial City 3rd, Al Lusaily, Dubai Al Ain road and Hatta.
ENOC Retail is currently operating a network of over 112 service stations in Dubai and the Northern Emirates Regionally, ENOC currently has three service stations in Saudi Arabia with plans to build 11 more in 2016.
In 2015, over 85 million people visited ENOC/EPPCO service stations across Dubai and the Northern Emirates, the company said.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.