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“WOQOD” Opens Al Mazrouah New WOQOD Petrol Station & FAHES.<p></p><p style="text-align:center;"><strong>"</strong><span lang="EN" style="text-decoration:underline;"><strong>WOQOD" Opens </strong></span><span style="text-decoration:underline;"><strong>Al Mazrouah New WOQOD Petrol Station & FAHES, </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 09/08/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Mazrouah WOQOD petrol station & FAHES, on Sunday 09/08/2020, and by this it raised its network of petrol stations to <strong>105</strong>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: </p><p style="text-align:justify;">We are pleased to open a new WOQOD petrol station & FAHES in Al Mazrouah, aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Mazrouah WOQOD petrol station & FAHES is spread over an area of 40000 square meters, WOQOD petrol station has 2 lanes with 4 dispensers for Heavy Vehicles, which will serve Al Mazrouah area, and its neighborhood. In addition to FAHES has 2 lanes for light vehicle inspection and 12 lanes for trucks.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Mazrouah WOQOD petrol station offers round-the-clock services to costumer, and include Trucks Manual Car Wash, Oil Change and Tire Repair for Trucks, in addition to sale of diesel products for Trucks.</p><p style="text-align:justify;"> </p><p style="text-align:center;"> </p>“WOQOD” Opens Al Mazrouah New WOQOD Petrol Station & FAHES.8/8/2020 10:00:00 PM
Eid Mubarak<p>Eid Mubarak​</p>​Eid Mubarak7/29/2020 10:00:00 PM
Finance Team Availability during Eid Al-Adha 2020 Holiday<p>​Finance Team Availability during Eid Al-Adha 2020 Holiday</p>Finance Team Availability during Eid Al-Adha 2020 Holiday7/28/2020 10:00:00 PM
WOQOD achieves QR 270 million at the end of the First Half of the year 2020<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><font face="Cambria"><span style="color:windowtext;font-size:11pt;"><strong>Doha, Qatar • 15 July 2020</strong></span><span style="color:windowtext;font-size:11pt;"> </span></font></p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><span style="color:windowtext;font-family:"garamond",serif;font-size:10pt;"><strong> </strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;"><span style="text-decoration:underline;"><span style="color:windowtext;line-height:150%;font-family:"times new roman",serif;font-size:14pt;"><strong>WOQOD achieves QR 270 million at the end of the First Half of the year 2020</strong></span></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Qatar Fuel Company, hereinafter referred to as (WOQOD) <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>or “WOQOD Group” or “the Group”, with the code name “QFLS” on Qatar Stock Exchange, a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products & gas within State of Qatar<span dir="RTL"><font color="#000000" face="Times New Roman"> </font></span>including to airports and seaports, either by itself or through subsidiary <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>companies “QJET, FAHES and WOQOD Marine”<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">, </span><span lang="AR-QA"><span style=""> </span></span></font></font>announced that its Board of Directors had held its Third meeting for the year 2020 at 1:30 pm. on Wednesday, July 15</font><sup><font color="#000000" face="Times New Roman" size="2">th</font></sup><font size="3"> 2020 under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. In order to comply with governmental restrictions issued to combat the spread of Corona Virus (COVID-19), the meeting was held remotely through the utilization of a Video Call<span dir="RTL"><font color="#000000" face="Times New Roman"> </font></span>facility. The Board discussed the performance of the business operations and the financial results of WOQOD Group for the First Half of the year 2020 ended on 30 June 2020, compared to the results achieved in the corresponding period of the year 2019.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">WOQOD Group’s net profit for the period (excluding minority rights) amounted to QR. 270 million, compared to an amount of QR. 548 million achieved in the same period of the year 2019, with a decrease of QR. 278 million, representing a decrease of 51%. The earning per share for the period amounted to QR. 0.27 per share compared to QR. 0.55 for the same period of last year.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The decrease of the net profits and earning per share for the period were partly attributed to the market slow down prompted by COVID-19 spread and partly to supply and demand factors on petroleum products. The decrease of petroleum product distribution margins is also one of the factors that have participated in net profits and earning per share decrease.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">With regard to the company's operations, he explained that the company overall sales of petroleum products decreased by 22% as compared to the same period of last year driven by the COVID-19 impact. Diesel and Super Gasoline sales decreased by 12% and 22% respectively, Premium Gasoline sales decreased by 14%, and Jet fuel volumes decreased by 28% driven by the reduced operations of Qatar Airways and Private Airlines due to the suspension of air traffic in most countries globally. Bitumen sales have decreased by 66% driven by market situations, COVID-19 pandemic and the completion of the major projects. The LPG sales decreased by 3% compared to the parallel period of 2019, and the decrease is attributed to the factors of supply and demand. Refined Petroleum Products retail sales from petrol stations decreased by 8% compared to the same period of last year as a consequence of the low consumption prompted by COVID-19 pandemic. <span style=""><font color="#000000" face="Times New Roman"> </font></span></font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">On the other hand, he explained that<span style=""><font color="#000000" face="Times New Roman">  </font></span>Bunkering fuel increased by 12% compared to the same period in 2019, and retail non-fuel revenue, including Sidra Sales, increased by 8% as compared to the same period of the last year driven by the opening of new stations and higher footfall in C-stores.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In the field of the petrol stations project and the company newly acquired assets, he pointed out that the petrol stations operated by <span style=""><font color="#000000" face="Times New Roman"> </font></span>“WOQOD” at the end of June 2020 <span style=""><font color="#000000" face="Times New Roman"> </font></span>totaled to 104 stations, whereas the company intends to add eight (8) more stations by the end of the current year 2020. He also explained that the Group during the Second Quarter of 2020 had acquired two new bunker fuel ships to support the ship bunkering activity that the Group is performing in cooperation, coordination and partnership with Qatar Petroleum. </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">For the purpose of improving the profitability of the company Mr. Saad Rashid Al-Muhannadi WOQOD Managing Director & Chief Executive Officer, indicated that the company will continue to increase the levels of implementation of its efficiency and cost optimization initiative as this will further improve the returns for the company and its shareholders. </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In conclusion, Al-Muhannadi indicated that WOQOD has been working closely with its partners to coordinate the implementation of all the governmental directives issued in furtherance of combating the spread and the negative effects of COVID-19. At the same time, WOQOD had, being the sole downstream oil and gas company responsible for securing a continuous and sustainable supply of petroleum products and gas to all sectors within the State of Qatar, issued and applied a suitable, flexible and effective business plan to ensure the continuity of the supply activities throughout the country on regular basis and in line with the health safety security, and environmental sanitation procedures and standards for the time being in force in the petroleum products industry, where the Group is persistently communicating and coordinating with entities of competent jurisdiction in order to implement the best standards and measures issued in this regard.</font></span><em><span style="color:windowtext;line-height:115%;font-family:"sakkal majalla";font-size:11pt;"> </span></em></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD achieves QR 270 million at the end of the First Half of the year 20207/14/2020 10:00:00 PM
Eid Mubarak<p>​Eid Mubarak</p>Eid Mubarak5/22/2020 10:00:00 PM
During Eid Al-Fitr 2020 holidays the below WOQOD Finance team will be available for any customer support.<p>​During Eid Al-Fitr 2020 holidays the below WOQOD Finance team will be available for any customer support.</p>During Eid Al-Fitr 2020 holidays the below WOQOD Finance team will be available for any customer support.5/18/2020 10:00:00 PM
WOQOD Opens Umm Slal New Petrol Station<p><font color="#000000" face="Times New Roman" size="3"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Doha –<span dir="RTL"><font face="Arial" size="5"> </font></span>10/05/2020. As part of WOQOD’s ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD” opened Umm Slal petrol station, on Al Majd Road, on Sunday 10/05/2020, and by this it raised its network of petrol stations to <strong><font face="Arial" size="5">105</font></strong>.</font></span></font><font color="#000000" face="Times New Roman" size="3"> </font></p><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">WOQOD’s Managing Director & CEO, Saad Rashid Al Muhannadi, said: “We are pleased to open a new petrol station in Umm Slal, Al Majd Road, WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project.”</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">New Umm Slal petrol station is spread over an area of 28000 square meters and has 4 lanes with 8 dispensers for light vehicles, and 2 lanes with 4 dispensers for Heavy Vehicles, which will serve Umm Slal area, Al Majd Road and its neighborhood.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:5pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Umm Al Slal petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tyre repair, for Light Vehicles and sale of LPG cylinders “SHAFAF”, in addition to sale of gasoline and diesel products for light vehicles and Heavy Vehicles.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD” opened Umm Slal petrol station, on Al Majd Road, on Sunday 10/05/2020, and by this it raised its network of petrol stations to 105.5/9/2020 10:00:00 PM
WOQOD held its Annual General Assembly Meeting<font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 8pt;"><font face="Calibri"><font color="#000000"><span style="line-height:107%;font-size:14pt;">Qatar Fuel Company (WOQOD) held its Annual General Assembly Meeting</span><font size="3"> at 4:30 pm on Wednesday 22/04/2020 at WOQOD Tower via video online technology.</font></font></font></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD held its Annual General Assembly Meeting4/21/2020 10:00:00 PM
“WOQOD” Opens Umm Al Juwashen New Petrol Station<p>​<font color="#000000" face="Times New Roman" size="3"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Doha –<span dir="RTL"><font face="Arial" size="5"> </font></span>20/04/2020. As part of WOQOD’s ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD” opened Umm Al Juwashen petrol station, on Al Majd Road, on Monday 20/04/2020, and by this it raised its network of petrol stations to <strong><font face="Arial" size="5">104</font></strong>.</font></span></font><font color="#000000" face="Times New Roman" size="3"> </font></p><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">WOQOD’s Managing Director & CEO, Saad Rashid Al Muhannadi, said: “We are pleased to open a new petrol station in Umm Al Juwashen, Al Majd Road, WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project.”</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">New Umm Al Juwashen petrol station is spread over an area of 40000 square meters and has 4 lanes with 8 dispensers for light vehicles, and 3 lanes with 6 dispensers for Heavy Vehicles, which will serve Umm Al Juwashen area, Al Majd Road and its neighborhood.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:5pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Umm Al Juwashen petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, for Light & Heavy Vehicles and sale of LPG cylinders “SHAFAF”, in addition to sale of gasoline and diesel products for light vehicles and Heavy Vehicles.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font>Qatar Fuel “WOQOD” opened Umm Al Juwashen petrol station, on Al Majd Road4/19/2020 10:00:00 PM
INVITATION TO ATTEND THE ANNUAL GENERAL ASSEMBLY MEETING<p style="text-align:justify;">The Board of Directors of Qatar Fuel Company Q.P.S.C. ("WOQOD") is pleased to invite you to attend the Annual General Assembly Meeting to be held on Wednesday, 22<sup>nd</sup> April 2020 at 04:30 PM at WOQOD Tower. In case of absence of quorum, the alternative meeting will be held on Wednesday, 29<sup>th</sup> April 2020 at 09:30 PM at same location. </p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Agenda of the Annual General Assembly Meeting:</strong></p><ol style="list-style-type:decimal;"><li>Opening Speech by the Chairman of the Board of Directors.</li><li>Present and approve the Board of Directors report for the year ended on 31st December 2019. </li><li>Discuss and approve the External Auditors' Report on the Financial Information 2019.</li><li>Discuss and approve the Financial Statements for 2019. </li><li>Approval of recommendation of the Board to distribute cash dividends of 80% for the year 2019.</li><li>Discuss and approve the Corporate Governance Report for the year 2019.</li><li>Consider discharging the members of the Board of Directors and approve their remuneration.</li><li>Election of four members of the Board of Directors for the period from 2020 to 2022.</li><li>Re-appoint the external auditor for the year 2020.</li></ol><p style="text-align:justify;">Please note that registration to attend the meeting and voting to elect members of the Board of Directors require the presence of the Shareholder or his proxy in person from 02:30 p.m. on the date of the meeting. After registration and voting, the Shareholder or his proxy may leave and he will be invited on the same day to participate in the online meeting to discuss decisions and voting. </p><p style="text-align:justify;">                                                                                                       <strong>Ahmad Saif Al-Sulaiti</strong></p><p style="text-align:justify;">                                                                                          Chairman of the Board of Directors</p><p style="text-align:justify;">Note:</p><ul style="list-style-type:disc;"><li>A shareholder may appoint another shareholder to attend meeting on his behalf, using the proxy form available on company's website (www.woqod.com), duly signed. In case of company, the proxy form must be signed by the authorized person(s) and company stamp must be affixed.</li><li>It is not permitted to grant proxy to a non-shareholder or to a member of Board of directors. The number of shares held by a proxy holder must not exceed 5% of the Paid-up capital (49,712,788 shares).</li><li>Dividends will be distributed from the <span style="text-decoration:underline;"><strong>next working day</strong></span> after being approved at the AGM and can be collected from any QNB branch.</li><li>This invitation shall be considered as a legal invitation for all shareholders without the need to send private invitations through mail in accordance with Law No. (11) For 2015.</li></ul><p style="text-align:justify;"> </p>The Board of Directors of WOQOD is pleased to invite you to attend the Annual General Assembly Meeting to be held on 22nd April 2020 at 04:30pm4/18/2020 10:00:00 PM
WOQOD achieves QR 226 million at the end of the First Quarter of the year 2020<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;"><span style="text-decoration:underline;"><span style="color:windowtext;line-height:150%;font-family:"times new roman",serif;font-size:14pt;"><strong>WOQOD achieves QR 226 million at the end of the First Quarter of the year 2020</strong></span></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Qatar Fuel Company, hereinafter referred to as (WOQOD) <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>or “WOQOD Group” or “the Group”, with code name “QFLS” on Qatar Stock Exchange, a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products & gas within State of Qatar<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">و</span><span lang="AR-QA"> </span></font></font>including airports and seaports, either by itself or through subsidiary <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>companies “QJET, FAHES & WOQOD Marine”<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">, </span><span lang="AR-QA"><span style=""> </span></span></font></font>announced that its Board of Directors had held its Second meeting for the year 2020 at 1:30 pm. on Wednesday April 15</font><sup><font color="#000000" face="Times New Roman" size="2">th</font></sup><font size="3"> 2020 under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. In order to comply with governmental restrictions issued to combat the spread of Corona Virus (COVID-19), the meeting was held remotely through the utilization the Video Call<span dir="RTL"><font color="#000000" face="Times New Roman"> </font></span>facility. The Board discussed the performance of the business operations and the financial results of WOQOD Group for the First Quarter of the year 2020 ended on 31 March 2020,compared to the same results achieved in the corresponding<span style=""><font color="#000000" face="Times New Roman">  </font></span>period of the year 2019.</font></span></p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">WOQOD Group net profit for the period (excluding minority rights) amounted to QR. 226 million, compared to an amount of QR. 327 million achieved in the same period in the year 2019, with a decrease of QR. 101 million, representing a decrease rate of 31%. The earning per share for the period amounted to QR. 0,23 compared to QR. 0,33 for the same period of last year 2019.</font></span></p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The decrease of the net profits and earning per share for the period were partly attributed to the market slow down prompted by COVID-19 spread and partly to supply and demand factors, where the completion of many projects that consume fuel had brought in a pro rata decrease in the overall fuel demand. </font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font color="#323a45" face="Thread-0006bac8-Id-0000000a"></font></span> </p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">With regard to the company's operations, WOQOD MD&CEO Mr. Saad Rashid Al-Muhannadi explained that the company overall sales decreased by 6.0% as compared to the same period of last year driven by the COVID-19 impact. Diesel and Super Gasoline sales decreased by 8.0% and 7.4% respectively, Jet fuel volumes decreased by 6.4% driven by the reduced operations of Qatar Airways and partial operations of Private Airlines. Bitumen sales has decreased by 65.0% driven by market situations and the completion of the consuming projects. </font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font color="#323a45" face="Thread-0006bac8-Id-0000000a"></font></span> </p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">On the other hand Al-Muhannadi explained that premium gasoline sales increased by 0.9%, retail non-fuel revenue and fuel retail sales increased by 5.8% and 3.5% respectively as compared to the same period of the last year driven by the opening of new stations and higher footfall in C-stores. HFO offtake increased by 39.5% driven by market demand, LPG and Natural Gas sales were higher by 3.1% and 22.8% respectively driven by market demand.</font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font color="#323a45" face="Thread-0006bac8-Id-0000000a"></font></span> </p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In conclusion, Al-Muhannadi indicated that WOQOD has been working closely with its partners and stakeholders to coordinate the implementation all the governmental directives issued in furtherance of combating the spread of COVID-19 and at the same time, being the sole downstream oil and gas company responsible for securing a continuous and sustainable supply of petroleum products and gas to all sectors within the State of Qatar, has issued and implemented a suitable, elastic and resilient business continuity plan that could effectively secure a persistent nonstop countrywide distribution of these vital energy products.<span style=""><font color="#000000" face="Times New Roman">    </font></span></font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3"><span style=""></span></font></span> </p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD achieves QR 226 million at the end of the First Quarter of the year 20204/14/2020 10:00:00 PM
A list of WOQOD fuel station with WOQODe prepaid tag installation facility<p>​A list of WOQOD fuel station with WOQODe prepaid tag installation facility</p>A list of WOQOD fuel station with WOQODe prepaid tag installation facility3/17/2020 10:00:00 PM
Important Notice: FAHES 18-03-2020<p>Important Notice: FAHES 18-03-2020​</p>Important Notice: FAHES 18-03-20203/17/2020 10:00:00 PM
Postponement of the Ordinary Annual General Assembly Meeting of Qatar Fuel (WOQOD) 2020<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><p style="background:white;margin:0in 0in 0pt;"><span style="color:black;"><strong><font face="Calibri" size="3"></font></strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="background:white;margin:0in 0in 0pt;text-align:center;text-decoration:underline;"><span style="color:black;"><font face="Calibri" size="3"><strong>Postponement of the Ordinary Annual General Assembly Meeting of Qatar Fuel (WOQOD) 2020</strong></font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">With reference to the above subject, WOQOD’s Annual General Assembly Meeting which was scheduled to take place at 4:30 p.m. on Wednesday 3/18/2020, at the Grand Hyatt Hotel, we would like to inform you that the hotel management has informed us that the meeting site will not be available due to the current circumstances regarding the outbreak of the Coronavirus.</font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">We tried to find another suitable location for the convening of the AGM but we were unsuccessful in that. Given the limited time, it was decided to postpone the meeting until further notice.</font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">Yours sincerely,</font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">Ahmad Saif Al-Sulaiti</font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">Chairman of the Board of Directors</font></strong></p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font>Postponement of the Ordinary Annual General Assembly Meeting of Qatar Fuel (WOQOD) 20203/16/2020 10:00:00 PM
Payment Instructions - Circular<p><a href="/EN/MediaCenter/News/Documents/Circular-%20English-%20Payment%20Instruction.pdf">Kindly click to download the ​Payment Instructions - Circular.</a></p>Kindly click to download the ​Payment Instructions - Circular.3/14/2020 10:00:00 PM
Pay For Fahes Inspection With Ease!<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span class="ms-rteFontSize-4" style="color:#1f497d;"><strong><font face="Calibri">Pay For Fahes Inspection With Ease!</font></strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">WOQOD announced a new addition to its mobile app that will improve its Vehicle Inspection service offered to vehicles drivers in Qatar through Fahes.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">The App’s new feature which is applicable to private vehicle owners (individual) only, will allow the drivers to pre-register for their vehicles’ inspection, choose FAHES station of their choice and pay online for the service before they even reach the station, which will save them from the hassle of long queues.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">The App will generate a barcode that will be sent to the customers’ mobile phones and when it is scanned at the registration booth of the inspection station the driver will proceed for the inspection bay without any delay.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">WOQOD’s App is available for both iOS and Android platforms and can be downloaded from the respective online stores, Google Play and Apple’s App Store.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font>Pay For Fahes Inspection With Ease!3/7/2020 10:00:00 PM
Continuous service award ceremony<font color="#000000" face="Times New Roman" size="3"><strong></strong><span style="color:black;font-size:12pt;"><font face="Calibri"><strong>WOQOD,FAHES & Q-JET  celebrates its long-serving for their employees.</strong></font></span></font><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri">As part of its commitment to its employees, WOQOD and it’s subsidiaries have kicked of on Sunday 23<sup><font color="#000000" size="2">rd</font></sup> FEB.2020 a series of events to celebrate hundreds of its employees who have completed 5 years and above of continuous contribution to the company’s success.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri">In his opening speech of the first event, WOQOD’s Managing Director & CEO, Saad Rashid Al Muhannadi, praised the efforts of these employees and said: “Through the years, your talents and efforts have proved without a doubt that the most important resource in any organization is its Human Capital”. He added, “We know you have worked hard for this accomplishment and we truly appreciate your dedication, so the certificates that you will be receiving are therefore to acknowledge and commend your hard work.”</font></span></p><br>WOQOD,FAHES & Q-JET celebrates its long-serving for their employees. 2/23/2020 10:00:00 PM
WOQOD and Al Meera joint press statement.<p>​<span class="ms-rteFontSize-5" style="color:windowtext;font-family:"times new roman",serif;"><span style="text-decoration:underline;"><font color="#008000" face="Garamond"><strong>WOQOD and Al Meera joint press statement </strong></font></span></span></p><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><font color="#008000" face="Garamond" size="3"><strong> </strong></font></p><font size="3"></font><p style="margin:0in 0in 0pt;line-height:normal;"><span class="ms-rteFontSize-3"><span style="color:windowtext;font-family:"calibri",sans-serif;">Doha, Qatar, 05 February 2020 – Pursuant to a memorandum of understanding (MoU) signed between Qatar Fuel Company (WOQOD) </span><span style="color:windowtext;font-family:"calibri",sans-serif;">and Al Meera Consumer Goods Company (AL MEERA) on 29<sup><font face="Calibri">th</font></sup> July 2019 aimed to explore the possibility of the latter operating and managing the former’s Sidra brand of convenience stores by the 28<sup><font face="Calibri">th</font></sup> of January 2020, the two parties have mutually decided that the interest of their shareholders is best served by focusing on their strategic goals independently. As such, the six-month-long MoU will not be extended. </span></span></p><font class="ms-rteFontSize-3" color="#000000" face="Times New Roman"></font><p style="margin:0in 0in 0pt;line-height:normal;"><span class="ms-rteFontSize-3" style="color:windowtext;font-family:"calibri",sans-serif;">Consequently, the two important national icons will continue to realize the goals of Qatar National Vision 2030 with their own respective approaches.<font face="Calibri">  </font></span></p><font color="#000000"></font><p align="left" style="margin:0in 0in 0pt;text-align:left;line-height:normal;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3"> </font></span></p>WOQOD and Al Meera joint press statement.2/4/2020 10:00:00 PM
“WOQOD” Opens Al Maamoura New Petrol Station<p></p><p style="text-align:center;"><strong>"</strong><span lang="EN" style="text-decoration:underline;"><strong>WOQOD" Opens </strong></span><span style="text-decoration:underline;"><strong>Al Maamoura New Petrol Station</strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 04/02/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Maamoura petrol station, on Tuesday 04/02/2020, and by this it raised its network of petrol stations to <strong>105</strong>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open a new petrol station in Al Maamoura. WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD has recently accelerated the process for the construction of new petrol stations to meet the fuel needs of the country. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Maamoura petrol station is spread over an area of 10250 square meters and has 3 lanes with 9 dispensers for light vehicles, which will serve Al Maamoura area, and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Maamoura petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;"> </p><p style="text-align:center;"> </p>“WOQOD” Opens Al Maamoura New Petrol Station2/3/2020 10:00:00 PM
“WOQOD” Opens Al Mearad-2 New Petrol Station,<p style="text-align:justify;">​​Doha – 03/02/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Mearad-2 petrol station, on Monday 03/02/2020, and by this it raised its network of petrol stations to <strong>104</strong>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open a new petrol station in Al Mearad-2. WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD has recently accelerated the process for the construction of new petrol stations to meet the fuel needs of the country. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Mearad -2 petrol station is spread over an area of 14850 square meters and has 3 lanes with 9 dispensers for light vehicles, which will serve Al Mearad -2 area, and its neighborhood.</p><p style="text-align:justify;"> </p><p>Al Mearad -2 petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, in addition to sale of gasoline and diesel products for light vehicles</p>Doha – 03/02/2020. Qatar Fuel “WOQOD” opened Al Mearad-2 petrol station2/2/2020 10:00:00 PM

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“WOQOD” Opens Al Mazrouah New WOQOD Petrol Station & FAHES.<p></p><p style="text-align:center;"><strong>"</strong><span lang="EN" style="text-decoration:underline;"><strong>WOQOD" Opens </strong></span><span style="text-decoration:underline;"><strong>Al Mazrouah New WOQOD Petrol Station & FAHES, </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 09/08/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Mazrouah WOQOD petrol station & FAHES, on Sunday 09/08/2020, and by this it raised its network of petrol stations to <strong>105</strong>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: </p><p style="text-align:justify;">We are pleased to open a new WOQOD petrol station & FAHES in Al Mazrouah, aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Mazrouah WOQOD petrol station & FAHES is spread over an area of 40000 square meters, WOQOD petrol station has 2 lanes with 4 dispensers for Heavy Vehicles, which will serve Al Mazrouah area, and its neighborhood. In addition to FAHES has 2 lanes for light vehicle inspection and 12 lanes for trucks.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Mazrouah WOQOD petrol station offers round-the-clock services to costumer, and include Trucks Manual Car Wash, Oil Change and Tire Repair for Trucks, in addition to sale of diesel products for Trucks.</p><p style="text-align:justify;"> </p><p style="text-align:center;"> </p>“WOQOD” Opens Al Mazrouah New WOQOD Petrol Station & FAHES.8/8/2020 10:00:00 PM575
Eid Mubarak<p>Eid Mubarak​</p>​Eid Mubarak7/29/2020 10:00:00 PM574
Finance Team Availability during Eid Al-Adha 2020 Holiday<p>​Finance Team Availability during Eid Al-Adha 2020 Holiday</p>Finance Team Availability during Eid Al-Adha 2020 Holiday7/28/2020 10:00:00 PM572
WOQOD achieves QR 270 million at the end of the First Half of the year 2020<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><font face="Cambria"><span style="color:windowtext;font-size:11pt;"><strong>Doha, Qatar • 15 July 2020</strong></span><span style="color:windowtext;font-size:11pt;"> </span></font></p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><span style="color:windowtext;font-family:"garamond",serif;font-size:10pt;"><strong> </strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;"><span style="text-decoration:underline;"><span style="color:windowtext;line-height:150%;font-family:"times new roman",serif;font-size:14pt;"><strong>WOQOD achieves QR 270 million at the end of the First Half of the year 2020</strong></span></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Qatar Fuel Company, hereinafter referred to as (WOQOD) <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>or “WOQOD Group” or “the Group”, with the code name “QFLS” on Qatar Stock Exchange, a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products & gas within State of Qatar<span dir="RTL"><font color="#000000" face="Times New Roman"> </font></span>including to airports and seaports, either by itself or through subsidiary <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>companies “QJET, FAHES and WOQOD Marine”<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">, </span><span lang="AR-QA"><span style=""> </span></span></font></font>announced that its Board of Directors had held its Third meeting for the year 2020 at 1:30 pm. on Wednesday, July 15</font><sup><font color="#000000" face="Times New Roman" size="2">th</font></sup><font size="3"> 2020 under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. In order to comply with governmental restrictions issued to combat the spread of Corona Virus (COVID-19), the meeting was held remotely through the utilization of a Video Call<span dir="RTL"><font color="#000000" face="Times New Roman"> </font></span>facility. The Board discussed the performance of the business operations and the financial results of WOQOD Group for the First Half of the year 2020 ended on 30 June 2020, compared to the results achieved in the corresponding period of the year 2019.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">WOQOD Group’s net profit for the period (excluding minority rights) amounted to QR. 270 million, compared to an amount of QR. 548 million achieved in the same period of the year 2019, with a decrease of QR. 278 million, representing a decrease of 51%. The earning per share for the period amounted to QR. 0.27 per share compared to QR. 0.55 for the same period of last year.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The decrease of the net profits and earning per share for the period were partly attributed to the market slow down prompted by COVID-19 spread and partly to supply and demand factors on petroleum products. The decrease of petroleum product distribution margins is also one of the factors that have participated in net profits and earning per share decrease.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">With regard to the company's operations, he explained that the company overall sales of petroleum products decreased by 22% as compared to the same period of last year driven by the COVID-19 impact. Diesel and Super Gasoline sales decreased by 12% and 22% respectively, Premium Gasoline sales decreased by 14%, and Jet fuel volumes decreased by 28% driven by the reduced operations of Qatar Airways and Private Airlines due to the suspension of air traffic in most countries globally. Bitumen sales have decreased by 66% driven by market situations, COVID-19 pandemic and the completion of the major projects. The LPG sales decreased by 3% compared to the parallel period of 2019, and the decrease is attributed to the factors of supply and demand. Refined Petroleum Products retail sales from petrol stations decreased by 8% compared to the same period of last year as a consequence of the low consumption prompted by COVID-19 pandemic. <span style=""><font color="#000000" face="Times New Roman"> </font></span></font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">On the other hand, he explained that<span style=""><font color="#000000" face="Times New Roman">  </font></span>Bunkering fuel increased by 12% compared to the same period in 2019, and retail non-fuel revenue, including Sidra Sales, increased by 8% as compared to the same period of the last year driven by the opening of new stations and higher footfall in C-stores.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In the field of the petrol stations project and the company newly acquired assets, he pointed out that the petrol stations operated by <span style=""><font color="#000000" face="Times New Roman"> </font></span>“WOQOD” at the end of June 2020 <span style=""><font color="#000000" face="Times New Roman"> </font></span>totaled to 104 stations, whereas the company intends to add eight (8) more stations by the end of the current year 2020. He also explained that the Group during the Second Quarter of 2020 had acquired two new bunker fuel ships to support the ship bunkering activity that the Group is performing in cooperation, coordination and partnership with Qatar Petroleum. </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">For the purpose of improving the profitability of the company Mr. Saad Rashid Al-Muhannadi WOQOD Managing Director & Chief Executive Officer, indicated that the company will continue to increase the levels of implementation of its efficiency and cost optimization initiative as this will further improve the returns for the company and its shareholders. </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In conclusion, Al-Muhannadi indicated that WOQOD has been working closely with its partners to coordinate the implementation of all the governmental directives issued in furtherance of combating the spread and the negative effects of COVID-19. At the same time, WOQOD had, being the sole downstream oil and gas company responsible for securing a continuous and sustainable supply of petroleum products and gas to all sectors within the State of Qatar, issued and applied a suitable, flexible and effective business plan to ensure the continuity of the supply activities throughout the country on regular basis and in line with the health safety security, and environmental sanitation procedures and standards for the time being in force in the petroleum products industry, where the Group is persistently communicating and coordinating with entities of competent jurisdiction in order to implement the best standards and measures issued in this regard.</font></span><em><span style="color:windowtext;line-height:115%;font-family:"sakkal majalla";font-size:11pt;"> </span></em></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD achieves QR 270 million at the end of the First Half of the year 20207/14/2020 10:00:00 PM571
Eid Mubarak<p>​Eid Mubarak</p>Eid Mubarak5/22/2020 10:00:00 PM570
During Eid Al-Fitr 2020 holidays the below WOQOD Finance team will be available for any customer support.<p>​During Eid Al-Fitr 2020 holidays the below WOQOD Finance team will be available for any customer support.</p>During Eid Al-Fitr 2020 holidays the below WOQOD Finance team will be available for any customer support.5/18/2020 10:00:00 PM569
WOQOD Opens Umm Slal New Petrol Station<p><font color="#000000" face="Times New Roman" size="3"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Doha –<span dir="RTL"><font face="Arial" size="5"> </font></span>10/05/2020. As part of WOQOD’s ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD” opened Umm Slal petrol station, on Al Majd Road, on Sunday 10/05/2020, and by this it raised its network of petrol stations to <strong><font face="Arial" size="5">105</font></strong>.</font></span></font><font color="#000000" face="Times New Roman" size="3"> </font></p><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">WOQOD’s Managing Director & CEO, Saad Rashid Al Muhannadi, said: “We are pleased to open a new petrol station in Umm Slal, Al Majd Road, WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project.”</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">New Umm Slal petrol station is spread over an area of 28000 square meters and has 4 lanes with 8 dispensers for light vehicles, and 2 lanes with 4 dispensers for Heavy Vehicles, which will serve Umm Slal area, Al Majd Road and its neighborhood.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:5pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Umm Al Slal petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tyre repair, for Light Vehicles and sale of LPG cylinders “SHAFAF”, in addition to sale of gasoline and diesel products for light vehicles and Heavy Vehicles.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD” opened Umm Slal petrol station, on Al Majd Road, on Sunday 10/05/2020, and by this it raised its network of petrol stations to 105.5/9/2020 10:00:00 PM568
WOQOD held its Annual General Assembly Meeting<font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 8pt;"><font face="Calibri"><font color="#000000"><span style="line-height:107%;font-size:14pt;">Qatar Fuel Company (WOQOD) held its Annual General Assembly Meeting</span><font size="3"> at 4:30 pm on Wednesday 22/04/2020 at WOQOD Tower via video online technology.</font></font></font></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD held its Annual General Assembly Meeting4/21/2020 10:00:00 PM567
“WOQOD” Opens Umm Al Juwashen New Petrol Station<p>​<font color="#000000" face="Times New Roman" size="3"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Doha –<span dir="RTL"><font face="Arial" size="5"> </font></span>20/04/2020. As part of WOQOD’s ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD” opened Umm Al Juwashen petrol station, on Al Majd Road, on Monday 20/04/2020, and by this it raised its network of petrol stations to <strong><font face="Arial" size="5">104</font></strong>.</font></span></font><font color="#000000" face="Times New Roman" size="3"> </font></p><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">WOQOD’s Managing Director & CEO, Saad Rashid Al Muhannadi, said: “We are pleased to open a new petrol station in Umm Al Juwashen, Al Majd Road, WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project.”</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:4pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">New Umm Al Juwashen petrol station is spread over an area of 40000 square meters and has 4 lanes with 8 dispensers for light vehicles, and 3 lanes with 6 dispensers for Heavy Vehicles, which will serve Umm Al Juwashen area, Al Majd Road and its neighborhood.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:5pt;"><font color="#000000"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:6pt 0in 0pt;text-align:justify;line-height:115%;"><span style="line-height:115%;font-family:"arial",sans-serif;font-size:14pt;"><font color="#000000">Umm Al Juwashen petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, for Light & Heavy Vehicles and sale of LPG cylinders “SHAFAF”, in addition to sale of gasoline and diesel products for light vehicles and Heavy Vehicles.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font>Qatar Fuel “WOQOD” opened Umm Al Juwashen petrol station, on Al Majd Road4/19/2020 10:00:00 PM566
INVITATION TO ATTEND THE ANNUAL GENERAL ASSEMBLY MEETING<p style="text-align:justify;">The Board of Directors of Qatar Fuel Company Q.P.S.C. ("WOQOD") is pleased to invite you to attend the Annual General Assembly Meeting to be held on Wednesday, 22<sup>nd</sup> April 2020 at 04:30 PM at WOQOD Tower. In case of absence of quorum, the alternative meeting will be held on Wednesday, 29<sup>th</sup> April 2020 at 09:30 PM at same location. </p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Agenda of the Annual General Assembly Meeting:</strong></p><ol style="list-style-type:decimal;"><li>Opening Speech by the Chairman of the Board of Directors.</li><li>Present and approve the Board of Directors report for the year ended on 31st December 2019. </li><li>Discuss and approve the External Auditors' Report on the Financial Information 2019.</li><li>Discuss and approve the Financial Statements for 2019. </li><li>Approval of recommendation of the Board to distribute cash dividends of 80% for the year 2019.</li><li>Discuss and approve the Corporate Governance Report for the year 2019.</li><li>Consider discharging the members of the Board of Directors and approve their remuneration.</li><li>Election of four members of the Board of Directors for the period from 2020 to 2022.</li><li>Re-appoint the external auditor for the year 2020.</li></ol><p style="text-align:justify;">Please note that registration to attend the meeting and voting to elect members of the Board of Directors require the presence of the Shareholder or his proxy in person from 02:30 p.m. on the date of the meeting. After registration and voting, the Shareholder or his proxy may leave and he will be invited on the same day to participate in the online meeting to discuss decisions and voting. </p><p style="text-align:justify;">                                                                                                       <strong>Ahmad Saif Al-Sulaiti</strong></p><p style="text-align:justify;">                                                                                          Chairman of the Board of Directors</p><p style="text-align:justify;">Note:</p><ul style="list-style-type:disc;"><li>A shareholder may appoint another shareholder to attend meeting on his behalf, using the proxy form available on company's website (www.woqod.com), duly signed. In case of company, the proxy form must be signed by the authorized person(s) and company stamp must be affixed.</li><li>It is not permitted to grant proxy to a non-shareholder or to a member of Board of directors. The number of shares held by a proxy holder must not exceed 5% of the Paid-up capital (49,712,788 shares).</li><li>Dividends will be distributed from the <span style="text-decoration:underline;"><strong>next working day</strong></span> after being approved at the AGM and can be collected from any QNB branch.</li><li>This invitation shall be considered as a legal invitation for all shareholders without the need to send private invitations through mail in accordance with Law No. (11) For 2015.</li></ul><p style="text-align:justify;"> </p>The Board of Directors of WOQOD is pleased to invite you to attend the Annual General Assembly Meeting to be held on 22nd April 2020 at 04:30pm4/18/2020 10:00:00 PM565
WOQOD achieves QR 226 million at the end of the First Quarter of the year 2020<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;"><span style="text-decoration:underline;"><span style="color:windowtext;line-height:150%;font-family:"times new roman",serif;font-size:14pt;"><strong>WOQOD achieves QR 226 million at the end of the First Quarter of the year 2020</strong></span></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Qatar Fuel Company, hereinafter referred to as (WOQOD) <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>or “WOQOD Group” or “the Group”, with code name “QFLS” on Qatar Stock Exchange, a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products & gas within State of Qatar<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">و</span><span lang="AR-QA"> </span></font></font>including airports and seaports, either by itself or through subsidiary <span lang="AR-QA"><font color="#000000" face="Times New Roman">‎</font></span>companies “QJET, FAHES & WOQOD Marine”<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">, </span><span lang="AR-QA"><span style=""> </span></span></font></font>announced that its Board of Directors had held its Second meeting for the year 2020 at 1:30 pm. on Wednesday April 15</font><sup><font color="#000000" face="Times New Roman" size="2">th</font></sup><font size="3"> 2020 under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. In order to comply with governmental restrictions issued to combat the spread of Corona Virus (COVID-19), the meeting was held remotely through the utilization the Video Call<span dir="RTL"><font color="#000000" face="Times New Roman"> </font></span>facility. The Board discussed the performance of the business operations and the financial results of WOQOD Group for the First Quarter of the year 2020 ended on 31 March 2020,compared to the same results achieved in the corresponding<span style=""><font color="#000000" face="Times New Roman">  </font></span>period of the year 2019.</font></span></p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">WOQOD Group net profit for the period (excluding minority rights) amounted to QR. 226 million, compared to an amount of QR. 327 million achieved in the same period in the year 2019, with a decrease of QR. 101 million, representing a decrease rate of 31%. The earning per share for the period amounted to QR. 0,23 compared to QR. 0,33 for the same period of last year 2019.</font></span></p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The decrease of the net profits and earning per share for the period were partly attributed to the market slow down prompted by COVID-19 spread and partly to supply and demand factors, where the completion of many projects that consume fuel had brought in a pro rata decrease in the overall fuel demand. </font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font color="#323a45" face="Thread-0006bac8-Id-0000000a"></font></span> </p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">With regard to the company's operations, WOQOD MD&CEO Mr. Saad Rashid Al-Muhannadi explained that the company overall sales decreased by 6.0% as compared to the same period of last year driven by the COVID-19 impact. Diesel and Super Gasoline sales decreased by 8.0% and 7.4% respectively, Jet fuel volumes decreased by 6.4% driven by the reduced operations of Qatar Airways and partial operations of Private Airlines. Bitumen sales has decreased by 65.0% driven by market situations and the completion of the consuming projects. </font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font color="#323a45" face="Thread-0006bac8-Id-0000000a"></font></span> </p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">On the other hand Al-Muhannadi explained that premium gasoline sales increased by 0.9%, retail non-fuel revenue and fuel retail sales increased by 5.8% and 3.5% respectively as compared to the same period of the last year driven by the opening of new stations and higher footfall in C-stores. HFO offtake increased by 39.5% driven by market demand, LPG and Natural Gas sales were higher by 3.1% and 22.8% respectively driven by market demand.</font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font color="#323a45" face="Thread-0006bac8-Id-0000000a"></font></span> </p><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In conclusion, Al-Muhannadi indicated that WOQOD has been working closely with its partners and stakeholders to coordinate the implementation all the governmental directives issued in furtherance of combating the spread of COVID-19 and at the same time, being the sole downstream oil and gas company responsible for securing a continuous and sustainable supply of petroleum products and gas to all sectors within the State of Qatar, has issued and implemented a suitable, elastic and resilient business continuity plan that could effectively secure a persistent nonstop countrywide distribution of these vital energy products.<span style=""><font color="#000000" face="Times New Roman">    </font></span></font></span></p><p style="margin:3pt 0in 0pt;text-align:center;line-height:115%;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3"><span style=""></span></font></span> </p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD achieves QR 226 million at the end of the First Quarter of the year 20204/14/2020 10:00:00 PM564
A list of WOQOD fuel station with WOQODe prepaid tag installation facility<p>​A list of WOQOD fuel station with WOQODe prepaid tag installation facility</p>A list of WOQOD fuel station with WOQODe prepaid tag installation facility3/17/2020 10:00:00 PM563

 

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