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Friday, September 17, 2021

Woqod to open 12 new petrol stations in Qatar this year

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Woqod petrol station
Woqod petrol station

Qatar’s state-backed fuel company Woqod has said it plans to open more than a dozen petrol stations over the next year, but there appears to be minimal relief in sight for motorists in central Doha faced with a dwindling number of places to fill up their tanks.

Woqod’s announcement comes amid growing demand for fuel here, with drivers purchasing 2.12 billion liters of petrol last year, up 10.35 percent from 2013.

According to the company’s annual report, most of its new petrol stations will be located on the outskirts of the country’s capital or in one of the fast-growing towns outside Doha.

As the number of vehicles on Qatar’s roads climbs alongside the country’s growing population, long lines – sometimes extending onto major roads and causing traffic backups – at the limited number of pumps within the city can often be observed.

Shuttered gas station
Shuttered gas station

The closure of several Doha petrol stations has exacerbated the problem. For example, there are no signs of activity at the petrol station just north of Landmark Mall, which was closed slightly more than a year ago following a fatal explosion at a nearby restaurant.

Meanwhile, the Markhiya Petrol Station near Burger King signal has also closed, as has the petrol station near Villaggio Mall.

Meanwhile, the old Al Andalus Petrol Station on C-Ring Road remains shuttered, even though workers on the property told Doha News last year that they expected it would re-open in late 2014. The facility was closed following an apparent underground explosion in September 2013.

In its 2014 annual report, released earlier this week, Woqod said a dozen new stations are under construction in Qatar and will open this year in Al Wakra, Al-Wajba, Al-Jamailiya, Al-Aqla in Lusail, Al-Thakhira, Al-Qatifiyah, Al-Mashabiyah, Al-Shamal, Al Rayyan Al Jadeed, Sudantheel, Fleiha and Bin Derham.

An additional seven stations are planned to open by the end of next year in the areas of Smesmah, Al-Thameed, Al-Thumama in Al-Hadarma, New Mesaimeer, Umm Qarn and two in Education City.

Gas cylinders

Woqod’s report also stated that the company would be focusing on persuading its gas customers to switch from metal cylinders to the newer Shafaf cylinders, a slow-going campaign.

Shafaf
Shafaf

Despite the ongoing push, sales and refills of the old 12kg metal gas canisters once again increased, climbing to 5.13 million from 4.8 million in 2013.

By comparison, sales and refills of Shafaf grew more slowly. The 12kg containers climbed to 1.39 million from 908,000 a year earlier, while the market for the 6kg version grew to 39,000 from 31,000.

To encourage customers to make the shift, Woqod said it would raise the refund customers receive upon switching to Shafaf from QR50 to QR100.

Meanwhile, bulk butane sales dropped 12 percent to 33.53 million tonnes due to “procedures taken after tightening the safety and security rules and regulations” following last year’s restaurant explosion.

However, that failed to affect the profitability of Woqod, which also sells jet fuel and operates a marine shipping division.

The company said its net profit increased 1 percent last year, to QR1.23 billion.

Thoughts?

17 COMMENTS

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A_qtr
A_qtr
6 years ago

This is news ?

local
local
6 years ago
Reply to  A_qtr

To me, yes. I like to know about my investment in Woqod.

Bling
Bling
6 years ago
Reply to  local

Yea Yea…

Yacine
Yacine
6 years ago
Reply to  local

Investment? Is it a private entity?

local
local
6 years ago
Reply to  Yacine

Woqod shares are listed on QE.

Yacine
Yacine
6 years ago
Reply to  local

Are they a good investment? And in general, how is the Qatari stock market? Because this year our company decided to raise foreign ownership. I am not interested for now but out of curiosity I want to know if it is reliable or risky 🙂

local
local
6 years ago
Reply to  Yacine

I can only recommend long term investments, long term as in 5+ years. Because much of the returns are reinvested back into the company.

Bling
Bling
6 years ago
Reply to  A_qtr

Yes, A mixture of old and new news.. thats how dohanews works now… i miss old days…

A_qtr
A_qtr
6 years ago
Reply to  A_qtr

I heard there’s a new hardeez opening up on d ring road …

MIMH
MIMH
6 years ago

Really scraping the barrel now.

How about the Filipina jailed for money laundering. 9 million riyals in her account!

Or the difficulty some companies have obtaining work visas for certainly nationalities.

I have a lot more if you need help

A_qtr
A_qtr
6 years ago
Reply to  MIMH

Or the QA flight attendant who her picture was taken as she lay blacked out and then her boss passed the pic to all employees citing moral behavior blah blah

MIMH
MIMH
6 years ago
Reply to  A_qtr

Didn’t hear that one but yes. Maybe if she blacked out in a woqood petrol station wearing I love doha news and Kerala t shirt then it would definitely be worth seeing…..

MIMH
MIMH
6 years ago
Reply to  A_qtr

Pretty stupid behavior but the article contains factual mistakes. Qatari men can drink in hotel bars as long as not in national dress.

Pete
Pete
6 years ago
Reply to  MIMH

I think it’s relevant news. I’m sick and tired of having to queue for petrol.

Daniel Schriefer
Daniel Schriefer
6 years ago

It is exciting news! Cars need petrol.

abc
abc
6 years ago

Hey, you can’t say that Qatar doesn’t recycle – they recycle news! Just read any of the regular newspapers for five days straight. Articles that were on page 1 or 2 on Sunday are often recycled as page 6 or 7 news on Wednesday, or vice versa. It’s not just Doha News that recycles news, all the news outlets in town seem to do it.

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