Emarat will not expand fuel retailing business in Dubai

Emarat will not expand its fuel retailing business in Dubai in the foreseeable future as the company feels its existing filling stations in the emirate are more than adequate to meet customer needs.
“For now, our current infrastructure will cater to Dubai’s existing as well as its future demand. We feel there’s still a surplus capacity at our filling stations in Dubai,” Emarat’s General Manager Adel Khalifa said.
“Our objective and our mandate from the government is to satisfy customers’ needs and we continue to cater to their needs. The fuel is always available in sufficient quantity at our pumps, there’s no congestion of cars and there are no dry outs at our filling stations,” Khalifa said.
Meanwhile, another source close to the developments at Emarat said that the company wants to cap its losses from selling subsidized petrol and it can do so by putting its expansion plans in fuel retailing on hold. Emarat currently sells about 2 million liters of petrol in Dubai daily and loses an estimated Dh82 million (US$ 22.3 million) a month from selling the fuel below cost.
(May 6, 2013)