ENOC to expand retail network by 40% by 2020
Emirates National Oil Company (ENOC), a wholly owned company of the government of Dubai, plans to expand its service station network in the United Arab Emirates (UAE) by more than 40% by 2020. ENOC Retail currently operates more than 112 service stations in Dubai and the northern Emirates and three service stations in Saudi Arabia.
The ENOC Group offers a diverse portfolio of assets operating across five business segments: Supply, Trading and Processing, Terminals, Marketing, Retail and Exploration and Production.
The company’s 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 expansion will meet ENOC ‘s long-term objectives, which are aligned with the Dubai Plan 2021 of creating a “Smart & Sustainable City.”
“We are looking at an increased growth over the next few years as ENOC expands and aims to be an international integrated oil and gas player,” said Burhan Al Hashemi, managing director, ENOC Retail. “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 renovated service stations will ensure safety, easier entry and reduced queuing at pumps. In addition to more dispensers, these stations will also feature automotive services and retail stores, including ZOOM and Autopro.
The stations also will feature new energy-saving technologies, such as the use of a photo voltaic (PV) solar panel system, which will be installed onto the main canopy of the service station. The new 120Kw PV system will utilise solar energy to power the daytime electrical requirements of the stations.
The Dubai Media City service station, which is currently being renovated, is expected to start operating in June 2016. This will be the first of the planned projects underway to showcase this sustainable technology.
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