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“WOQOD” launches a new range of Premium Lubricants<p></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong>"WOQOD" launches a new range of Premium Lubricants</strong></span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;"><strong>Doha, 4 November 2019:</strong><strong> </strong>Qatar Fuel Company (WOQOD) launched the OTO product line of its premium lubricants at all of its petrol stations that have the oil change service.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The new range includes OTO MOTIV for petrol engines, OTO MAX Diesel engine oils, and OTO PRO ancillary products. It comes as a continuity to the company's efforts to create new value for its customers and provide them with several enhanced benefits. The OTO range meets major OEM international specifications and is ideal for consumers seeking high output from their vehicles. </p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;">Mr. Saad Rashid Al-Muhannadi, WOQOD's Managing Director and CEO, commented: "We are glad to bring this new innovative state-of-the-art range of premium quality lubricants to the Qatari market to give our customers exceptional performance and extra protection for their vehicles when they are under extreme conditions." He added "The new OTO range of lubricants is the result of the alliance between WOQOD and Shell, with products blended from the purest Qatari GTL (Gas To Liquid) base oil which results from converting natural gas into colorless base oils with virtually none of the impurities found in crude oil; delivering premium quality lubricants."</p><p style="text-align:justify;">WOQOD Lubricants OTO range:</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD has developed a new OTO range of lubricants which includes, OTO MOTIV the petrol engine oils, OTO MAX the diesel engine oils and OTO PRO the ancillary products. The new OTO MOTIV Ultimate, fully synthetic motor oil from WOQOD, has been formulated using the latest Shell technology and Qatari GTL base oil, to create a world class lubricant.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">OTO MOTIV Ultimate offers maximum efficiency and improves the time between oil changes, which protects engines and saves money.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The new lubricants are co-branded with Shell and will be launched initially in all WOQOD stations and through other channels at a later stage. The range is available in 1L, 4L, 5L, drum (bulk) sizes.</p><p style="text-align:center;"> </p><p> </p>“WOQOD” launches a new range of Premium Lubricants11/2/2019 10:00:00 PM
“WOQOD” Opens Bul Hemmaid, New Petrol Station<p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>Bul Hemmaid,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station </strong></span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong>and Al Thakhira, New Mobile Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha –</strong><strong> </strong><strong>31/10/2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Bul Hemmaid Petrol Station on the Al Majd Road near Hamad Port on Thursday 31/10/2019, and by this raised its network of various petrol stations to 93<strong>.</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 new fixed petrol station in Bul Hemmaid. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Bul Hemmaid Petrol Station is spread over an area of 20000 square meters and has 3 lanes with 6 dispensers for light vehicles and 2 lanes with 4 dispensers for Trucks. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to sale of gasoline and diesel products for light vehicles, and diesel for Trucks</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 19 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:justify;">WOQOD has also launched a new Mobile Station at Al Thakhira area, adjacent to the existing Al Thakhira petrol station that will be available 24X7 for Trucks.</p><p style="text-align:center;"> </p>"WOQOD" Opens Bul Hemmaid, New Petrol Station.10/30/2019 10:00:00 PM
WOQOD achieves QR 872 million by the end of 3rd Quarter 2019<p style="text-align:center;"><strong>Doha, Qatar • 16 October 2019</strong> </p><p style="text-align:center;"><strong> </strong></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong>WOQOD achieves QR 872 million by the end of 3</strong></span><span style="text-decoration:underline;"><strong><sup>rd</sup></strong></span><span style="text-decoration:underline;"><strong> Quarter 2019</strong></span></p><p>Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎or "WOQOD Group" or "the Group", with code name "QFLS" on Qatar Exchange, is a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products & gas including airports and seaports. WOQOD announced its operations, business and financial results for the 3<sup>rd</sup> quarter of the year 2019 ending 30 September 2019, where the Group's net profits (excluding minority rights) amounted to QR. 872 million compared to QR. 825 million for the same period in 2018, showing an increase of QR. 47 million representing 5.6% increase rate.</p><p>The achieved increase in net profit levels is attributable to the increase in sales, particularly retail sales, combined with the efforts exerted towards enhancing the capability and efficiency of the Group activities, business operations, reduction of General and Administrative expenses and good investment returns.</p><p>Earning Per Share for the period, amounted to QR. 0.88 per share compared to QR. 0.83 per share for the same period of the year 2018. This represents an increase rate of 6%.</p><p>In respect of projects, WOQOD has constructed and opened seven (7) new petrol stations up to end of September 2019 and is intending to complete the construction and operation of another 22 stations by the end of 2019. Hence, the number of WOQOD operated fuel stations amounted to 90 stations by the end of the 3<sup>rd</sup> quarter 2019 and will aggregate 112 stations by the end of 2019. Consequently, WOQOD will be doubling the number of stations built in 15 years, representing the period between 2002 - 2017, within only two years i.e. 2018 and 2019.</p><p>The construction of new petrol stations contributed to the increase of WOQOD share of petroleum products retail distribution market to 84% at the end of the third quarter of 2019, compared to 68% for the corresponding period of 2018. The newly built stations have increased the daily WOQOD retail network sales by 28%, in comparison with the corresponding period of the year 2018.</p><p>With regard to the Group's operations, the 3<sup>rd</sup> quarter has witnessed a 2% overall growth in total fuel sales volumes compared to the same period last year. Jet A1 sales increased by 7%, ‎Bitumen by 3%, LPG by 3%, Natural Gas & Compressed Natural Gas by 50% and Heavy Fuel Oil by 36%. Diesel sales volumes declined by 9%. The growth is attributable to macro-economic factors, whereas the decrease in diesel sales was attributable to the decrease of bulk quantities ordered by projects.</p><p>Retail sales volumes of petroleum products has achieved an overall increase of 28%. retail diesel sales increased by 12%, super gasoline by 45% and premium gasoline by 27%, while other non-petroleum retail sales revenue, including Sidra stores, grew by 14%.</p><p>The increase of retail sales was attributable to the opening and operation of additional petrol stations, as well as the promotions availed to customers.</p><p>Engineer Saad Rashid Al-Muhannadi Managing Director ‎& CEO noted that  the third quarter of the year 2019 has witnessed the renewal of WOQOD concession for an additional period of 5 years, as well as the issuance of  a number of policies and procedures mandated by the corporate governance code for listed companies and listed legal Entities. He went on to say that WOQOD has, in furtherance of consolidating its role as an exclusive downstream oil & gas company and in order to secure sustainability of its services, concluded a number of agreements and arrangements with major suppliers, consumers manufactures and service provider, with strict emphasis on the MOU signed with Almeera for the management and operation of WOQOD current and prospective Sidra retail outlets, as well as the agreement signed with Shell for providing WOQOD with shell high quality and purity automotive lubricating oils produced by shell through the utilization of the base oil derived from the utilization of gas to liquid technology. WOQOD will market and distribute the reference lubricants under a joint WOQOD and Shell logos.</p><p>Finally Engineer Al Muhannadi emphasized that the Group management and Board of Directors will exert ‎their best efforts to maintain and consolidate the company profitability and its ‎position as a sole downstream oil & gas distribution company in the State of Qatar, ‎in order to achieve company vision, mission and strategic objectives as a pioneer ‎company in the region, as well as the development of a strong, modern and robust ‎downstream oil & gas distribution sector of international caliber utilizing the best level of QHSSE measures in furtherance of the ‎State of Qatar overall infrastructure modernization plan. ‎</p><p> </p><p style="text-align:center;"><strong>-Ends-</strong></p><p style="text-align:center;"><strong>For more information about this press release, email </strong></p><h3 style="text-align:center;"><strong>investorrelations@woqod.com.qa </strong><strong> </strong><strong>or visit </strong><a href="/"><span lang="EN-GB" style="text-decoration:underline;"><strong>www.woqod.com</strong></span></a></h3><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p style="text-align:center;"><em class="ms-rteFontSize-2"><strong>Disclaimer</strong></em></p><p><em class="ms-rteFontSize-2">This release/Announcement/Report contains forward-looking and future-based prospective statements and/or information concerning the financial condition, results of operations, activities and businesses of Qatar Fuel (WOQOD) Q.P.S.C. , hereinafter WOQOD. All statements/information other than statements/information of historical fact are deemed to be forward-looking statements/information, being statements of future expectations that are based on current expectations and assumptions and not guarantees of future performance. Such forward-looking statement/information, involve known and unknown risks and uncertainties that could cause actual results, operations and business performance or events impacting the Group to differ materially from those expressed or as may be inferred from these statements.</em></p><p><em class="ms-rteFontSize-2">These and all subsequent written and oral forward-looking information incorporated in this release/announcement/report are based on estimates and opinions on the dates they are made as shown in the cover page herein and are expressly qualified in their entirety by this notice. </em></p><p><span class="ms-rteFontSize-2"><em>There are a number of factors that could affect the realisation of these forward-looking and/or future-based perspective statements such as, without limitation: (a) product margins fluctuations, (b) changes in demand or market conditions for the Group's services, (c) loss of market share and industry competition in non-concession products and facilities, (d) environmental risks and natural disasters, (e) changes in legislative, fiscal and regulatory conditions, (f) changes in economic and financial market conditions and (g) political risks (H) Regional instability, </em><em>war, blockade, sabotage, civil commotion or any other element or circumstances outside Group's control.</em><em> As such, results could differ substantially from those stated, or as may be inferred from the forward-looking statements contained herein. </em></span></p><p><span class="ms-rteFontSize-2"><em>WOQOD, its affiliated and subsidiary companies, its Directors, officers, partners, employees, advisors, contractors and agents shall not be liable in any way for any costs, special, direct, indirect, consequential or incidental damage, losses or other detrimental effects whether in tort, contract or quasi contract etc., resulting or arising from the use of or reliance by any party on any forward-looking, and future-based perspective statement and / or other material contained herein. Further, WOQOD, its subsidiaries, joint ventures, affiliate and associated companies are in no way obliged to update or publish revisions to any forward-looking and/or future-based prospective statement/information or any other material contained herein should circumstances or managements opinions change or</em><em>   </em><em>which may or may not be known to have changed or to be inaccurate as a result of new information, future events or any reason whatsoever. WOQOD does not guarantee the accuracy of the historical statements contained herein.</em></span></p><p style="text-align:center;"><em class="ms-rteFontSize-2"><strong>General Notes</strong></em></p><p><em class="ms-rteFontSize-2">WOQOD's accounting year follows the calendar year. No adjustment has been made for leap years. Values are expressed in millions of Qatari Riyals and percentages have been rounded to nearest whole number. All other values have been rounded to the nearest whole number. Values expressed in US $'s have been translated at the rate of US $1 = QR3.64, wherever applicable.</em></p><p style="text-align:center;"><span class="ms-rteFontSize-2"><em><strong>About Qatar Fuel Company (WOQOD) </strong></em><em><strong>‎</strong></em><em><strong>Q.P.S.C.</strong></em></span></p><p><span class="ms-rteFontSize-2"><em>Qatar Fuel (WOQOD)</em><em>Q.P.S.C. </em><em>was incorporated as a Qatari joint stock company on 2</em><em><sup>nd </sup></em><em>July 2002 by an Amiri Decree law and was listed as a public shareholding company in Qatar Exchange effective from 2003. The authorised share capital is QR 1,000,000,000 divided into 1,000,000,000 shares with nominal par value of QR. 1 per share. The issued share capital is currently QR 994,255,760 shares.</em></span></p><p><em> </em></p><p>​</p>WOQOD achieves QR 872 million by the end of 3rd Quarter 201910/15/2019 10:00:00 PM
“WOQOD” Opens Al Thumama-3, New Petrol Station.<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 Thumama-3,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Thumama-3 Petrol Station on Sunday 13/10/2019, and by this raised its network of various petrol stations to 91<strong>.</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 fixed petrol station in Al Thumama. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Al Thumama-3 Petrol Station is spread over an area of 2800 square meters and has 3 lanes with 6 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents and include Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to the sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 20 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:center;"> </p><p>​</p>"WOQOD" Opens Al Thumama-3, New Petrol Station10/12/2019 10:00:00 PM
“WOQOD” Opens Al Wajba -2, 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 Wajba -2,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Wajba -2 Petrol Station on Tuesday 08/10/2019, and by this raised its network of various petrol stations to 90<strong>.</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 new fixed petrol station in Al Wajba. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Al Wajba -2 Petrol Station is spread over an area of 11300 square meters and has 4 lanes with 12 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 21 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p>“WOQOD” Opens Al Wajba -2, New Petrol Station10/7/2019 10:00:00 PM
"WOQOD" Opens Al Dafna, 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 Dafna,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Dafna Petrol Station on Wednesday 02/10/2019, and by this raised its network of various petrol stations to 89<strong>.</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 new fixed petrol station in Al Dafna. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Al Dafna Petrol Station is spread over an area of 4200 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 22 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:center;"> </p>"WOQOD" Opens Al Dafna, New Petrol Station10/1/2019 10:00:00 PM
“WOQOD” Opens Ras Bu Abboud, New Petrol Station.<p>​</p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>Ras Bu Abboud,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Ras Bu Abboud Petrol Station on Tuesday 17/09/2019, and by this raised its network of various petrol stations to 88<strong>.</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 new fixed petrol station in Ras Bu Abboud. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Ras Bu Abboud Petrol Station is spread over an area of 15200 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, Manual Car Wash, Oil Change and Tire Repair, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 23 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:center;"> </p>"WOQOD" Opens Ras Bu Abboud, New Petrol Station.9/16/2019 10:00:00 PM
"WOQOD" Opens Umm Garn, New Petrol Station.<p>​</p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>Umm Garn,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha, 11/09/2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Umm Garn Petrol Station on Wednesday 11/09/2019, and by this raised its network of various petrol stations to <strong>87.</strong></p><p style="text-align:justify;"> </p><p>WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: We are pleased to open new fixed petrol station in Umm Garn. 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 and energy 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><strong> </strong></p><p style="text-align:justify;">Umm Garn Petrol Station is spread over an area of 9600 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, Manual Car Wash, Oil Change and Tire Repair, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 24 new petrol stations, which most of them will be operational on the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020".                </p>"WOQOD" Opens Umm Garn, New Petrol Station9/10/2019 10:00:00 PM
WOQOD and Shell Lubricants Ink Deal on Supply of Premium Lubricants<p>​</p><h1>WOQOD and Shell Lubricants Ink Deal on Supply of Premium Lubricants </h1><p style="text-align:justify;"><strong>Doha, 25 August 2019: Qatar Fuel Company (WOQOD) and Shell Lubricants today signed an agreement over the supply of finished premium lubricants. Under the agreement, Shell will provide WOQOD engine lubricants over a five-year period.</strong></p><p style="text-align:justify;">The agreement was signed at the WOQOD office by Saad Rashid Al-Muhannadi, Managing Director and CEO of WOQOD, Andrew Faulkner, Managing Director and Chairman of Qatar Shell Companies, and Azmat Jafri, GM Lubricants Middle East.  </p><p style="text-align:justify;">This new agreement will power WOQOD lubricants with Shell technology and have the advantage of being blended from the purest Qatari GTL (Gas To Liquid) base oil. GTL technology converts natural gas into   colorless base oils with virtually none of the impurities found in crude oil; delivering exceptional engine protection under extreme conditions. </p><p style="text-align:justify;"> </p><p style="text-align:justify;">Saad Rashid Al-Muhannadi, WOQOD's Managing Director and CEO, commented: "This strategic alliance between WOQOD and Shell will ensure that WOQOD is providing the premium quality lubricants to Qatar market". He added, "In 2009 WOQOD signed an agreement with Shell Marine for the exclusive distribution of marine lubricants in Qatar for 15 years. This Co-branded automotive partnership is therefore a further extension of that relationship".</p><p style="text-align:justify;">The agreement will ensure the supply of high-quality lubricants, combining premium Qatari GTL components and Shell technology, across all WOQOD retail sites from September 2019.</p><p style="text-align:justify;">Andrew Faulkner, Managing Director and Chairman of Qatar Shell said the agreement is an acknowledgement of the benefits of Shell's engine oil expertise and cutting-edge technology, noting that the deal also, 'reflects WOQOD and Qatar Shell's shared commitment to the delivery of premium products and services in Qatar.'</p><p style="text-align:justify;">The supplied premium engine oils will be co-branded as WOQOD OTO and will be available in a variety of packs and applications.</p><p style="text-align:justify;"><strong>Co-branded Lubricants </strong></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;">WOQOD has developed a new OTO range of lubricants which includes, OTO MOTIV the petrol engine oils, OTO MAX the Diesel engine oils and OTO PRO the ancillary products. The new OTO Motiv Ultimate, Fully Synthetic Motor Oil from WOQOD, has been formulated using the latest Shell technology and Qatari GTL base oil, to create a world class lubricant.</p><p style="text-align:justify;">OTO Motiv Ultimate offers maximum efficiency and improves the time between oil changes, which protects engines and saves money.</p><p style="text-align:justify;"> </p><p style="text-align:center;"><strong> </strong></p>WOQOD and Shell Lubricants Ink Deal on Supply of Premium Lubricants8/24/2019 10:00:00 PM
“WOQOD” Opens New Al Rayyan -2, New Petrol Station<p>​</p><p><span lang="AR-SA" dir="rtl" style="text-decoration:underline;"> </span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>New Al Rayyan -2,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha,</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened New Al Rayyan -2 Petrol Station on Thursday 08/08/2019, and by this raised its network of various petrol stations to <strong>86.</strong></p><p style="text-align:justify;"> </p><p>WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: We are pleased to open new fixed petrol station in New Al Rayyan -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 and energy 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><strong> </strong></p><p style="text-align:justify;">New Al Rayyan -2 Station is spread over an area of 9200 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 25 new petrol stations, which most of them will be operational on the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020".                </p><p style="text-align:center;"> </p>“WOQOD” Opens New Al Rayyan -2, New Petrol Station8/7/2019 10:00:00 PM
Eid Mubarak<p>​Eid Mubarak</p>Eid Mubarak8/7/2019 10:00:00 PM
WOQOD and Al MEERA have signed an MOU to enter into an Agreement to manage and operate WOQOD C-Store outlets<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;"><span style="color:green;font-family:"garamond",serif;font-size:14pt;"><strong> </strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><h4 style="margin:0in 0in 0pt;text-align:center;"><span style="font-size:14pt;"><strong><span style="text-decoration:underline;"><font color="#008000" face="Garamond">WOQOD and Al MEERA have signed <span style="font-size:14pt;"><strong><span style="text-decoration:underline;"><font color="#008000" face="Garamond"><span></span><strong><font color="#008000" face="Garamond" size="5">an MOU to enter into an Agreement to manage and operate WOQOD C-Store outlets</font></strong><span></span></font></span></strong></span></font></span></strong></span></h4><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><span style="color:green;font-family:"garamond",serif;"><strong><font size="3"> </font></strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p>Qatar Fuel Company (WOQOD) and Al Meera Consumer Goods Company (AL MEERA) announced that they had signed a memorandum of understanding wherein WOQOD and AL MEERA will enter into an Agreement to operate and manage current and prospective WOQOD’s Sidra Convenience Stores, currently aggregating 65 C-stores’ outlets. </p><font color="#000000" face="Times New Roman" size="3"> </font><p> </p><font color="#000000" face="Times New Roman" size="3"> </font><p>Both parties have agreed to exert their best endeavors to execute the Definitive Operating and Management Agreement incorporating the detailed terms and conditions within six (6) month period.</p><font color="#000000" face="Times New Roman" size="3"> </font><p> </p><font color="#000000" face="Times New Roman" size="3"> </font><p>On this occasion, Mr. Saad Rashid Mohammed Al Muhannadi, WOQOD Chief Executive Officer & Managing Director indicated that the agreement conforms to WOQOD’s strategy for outsourcing non-core business activities through contracting with specialized and/or professional entities/third parties in accordance with the best practice. Additionally, he stressed that the agreement poses a strong alliance between two publicly listed shareholding Qatari companies responsible to consolidate the State of Qatar’s public policy towards localization of the services in order to boost the country’s economy.</p><font color="#000000" face="Times New Roman" size="3"> </font><p> </p><font color="#000000" face="Times New Roman" size="3"> </font><p>On his part Mr. Youssef Ali A Y Al-Obaidan, AL MEERA Chief Executive Officer, explained that the agreement avails a favorable opportunity for AL MEERA to further consolidate its activities and services through the addition of Sidra C-Stores. As part of AL MEERA’s ambitious expansion strategy, and with a view to provide outstanding services to consumers, this collaboration will enable AL MEERA to offer consumers more diverse product range, at competitive prices. Managing Sidra stores marks an important milestone towards building a strong alliance with WOQOD and will allow both Qatari companies to reach and serve many communities across the State of Qatar. </p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><span style=""><font color="#000000" face="Times New Roman" size="3">  </font></span></p><font color="#000000" face="Times New Roman" size="3"> </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><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><font color="#404040" face="Cambria" size="3"> </font></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><font color="#404040" face="Cambria" size="3"> </font></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><font color="#404040" face="Cambria" size="3"> </font></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD and Al MEERA have signed an MOU to enter into an Agreement to manage and operate WOQOD C-Store outlets7/28/2019 10:00:00 PM
QATAR FUEL COMPANY (WOQOD) Q.P.S.C. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS AT AND FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2019<p><a href="/EN/MediaCenter/News/Documents/WOQOD_FINANCIAL_SIX%20MONTHS_2019.pdf">QATAR FUEL COMPANY (WOQOD) Q.P.S.C. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS AT AND FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2019.</a></p>QATAR FUEL COMPANY (WOQOD) Q.P.S.C. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS AS AT AND FOR THE SIX MONTH PERIOD ENDED 30 JUNE 20197/17/2019 10:00:00 PM
WOQOD achieves QR 548 million in first half of 2019<p>​​</p>WOQOD achieves QR 548 million in first half 20197/16/2019 10:00:00 PM
Safety instructions during fueling.<p>​Safety instructions during fueling.</p>Safety instructions during fueling.6/18/2019 10:00:00 PM
Eid Mubarak<p>​Eid Mubarak</p>Eid Mubarak5/29/2019 10:00:00 PM
WOQOD Finance Team Members will be availaible for any customer support<p>​WOQOD Team Members will be availaible for any customer support</p>WOQOD Team Members will be availaible for any customer support5/29/2019 10:00:00 PM
“WOQOD” Opens Expansion of Wadi Al Banat Petrol Station<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>Expansion of Wadi Al Banat </strong></span><span lang="EN" style="text-decoration:underline;"><strong>Petrol Station</strong></span></p><p style="text-align:justify;"><strong>A</strong>s part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Expansion of Petrol Station in Wadi Al Banat area on Monday 27 May 2019.</p><p style="text-align:justify;">WOQOD's CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open expansion of petrol station in Wadi Al Banat. 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 and energy 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;">Wadi Al Banat Petrol Station is spread after expansion over an area of 12650 square meters and the expansion has 2 lanes with 6 dispensers additional to the existing 6 dispensers within 3 lanes, which will serve Wadi Al Banat and its neighborhood. </p><p style="text-align:justify;">The Petrol Stations offer round-the-clock services to residents and include Sidra convenience store, Manual & Auto Car Wash, Oil Change and Tire Repair, and sale of LPG cylinders, in addition to the sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that the opening of Wadi Al Banat Petrol Station Expansion is included in WOQOD planning for the operation of 30 new petrol stations on the current year 2019.</p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 134 fuel stations by the end of 2020".                </p><p style="text-align:justify;">Doha, 27 May 2019</p>As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Expansion of Petrol Station in Wadi Al B5/26/2019 10:00:00 PM
“WOQOD” Opens Petrol Station Onaiza and Mobile Station at Al Mearad area<p>​</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:115%;"><span style="text-decoration:underline;"><span style="line-height:115%;font-size:13.5pt;"><strong><font color="#000000" face="Calibri">“WOQOD” Opens Petrol Station Onaiza and </font></strong></span></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:115%;"><span style="text-decoration:underline;"><span style="line-height:115%;font-size:13.5pt;"><strong><font color="#000000" face="Calibri">Mobile Station at Al Mearad area </font></strong></span></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:12pt 0in 0pt;line-height:115%;"><span style="line-height:115%;font-size:13.5pt;"><font color="#000000" face="Calibri">As part of WOQOD’s ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD” opened Two Petrol Stations, one fixed at Onaiza area and Mobile Station at Al Mearad area on Sunday 12 May 2019.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:12pt 0in 0pt;line-height:115%;"><span style="line-height:115%;font-size:13.5pt;"><font color="#000000" face="Calibri">WOQOD’s CEO, Saad Rashid Al Muhannadi, said: We are pleased to re-open fixed petrol station in Onaiza after its renovation/expansion and open new Mobile Station in Al Mearad. 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 and energy 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.”</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:12pt 0in 0pt;line-height:115%;"><span style="line-height:115%;font-size:13.5pt;"><font color="#000000" face="Calibri">Onaiza Petrol Station is spread after expansion over an area of 3900 square meters and has 4 lanes with 12 dispensers instead of 4 dispensers within two lanes prior expansion, which will serve Onaiza and its neighborhood. </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:12pt 0in 0pt;line-height:115%;"><span style="line-height:115%;font-size:13.5pt;"><font color="#000000" face="Calibri">The Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:12pt 0in 0pt;line-height:115%;"><span style="line-height:115%;font-size:13.5pt;"><font color="#000000" face="Calibri">Further, he added that re-opening of Onaiza Petrol Station is included in WOQOD planning for operation of 30 new petrol stations on the current year 2019.</font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:12pt 0in 0pt;line-height:115%;"><span style="line-height:115%;font-size:13.5pt;"><font face="Calibri"><font color="#000000">Al-Muhannadi concluded his announcement by saying that “As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 134 fuel stations by the end of 2020”.<span style=""><font size="4">                </font></span></font></font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span lang="EN" style="font-size:13.5pt;"><font color="#000000" face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;"><span style="font-size:13.5pt;"><font color="#000000" face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p align="center" style="margin:12pt 0in 0pt;text-align:center;line-height:150%;"><span style="line-height:150%;font-size:13.5pt;"><font color="#000000" face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font>As part of WOQOD’s ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD” opened Two Petrol Stations, one fixed at Onaiza5/18/2019 10:00:00 PM
Qatar Petroleum partially amended its membership in Qatar Fuel (WOQOD) Board<p>​Qatar Petroleum partially amended its membership in Qatar Fuel (WOQOD) Board</p>​Qatar Petroleum partially amended its membership in Qatar Fuel (WOQOD) Board5/15/2019 10:00:00 PM

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“WOQOD” launches a new range of Premium Lubricants<p></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong>"WOQOD" launches a new range of Premium Lubricants</strong></span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;"><strong>Doha, 4 November 2019:</strong><strong> </strong>Qatar Fuel Company (WOQOD) launched the OTO product line of its premium lubricants at all of its petrol stations that have the oil change service.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The new range includes OTO MOTIV for petrol engines, OTO MAX Diesel engine oils, and OTO PRO ancillary products. It comes as a continuity to the company's efforts to create new value for its customers and provide them with several enhanced benefits. The OTO range meets major OEM international specifications and is ideal for consumers seeking high output from their vehicles. </p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;">Mr. Saad Rashid Al-Muhannadi, WOQOD's Managing Director and CEO, commented: "We are glad to bring this new innovative state-of-the-art range of premium quality lubricants to the Qatari market to give our customers exceptional performance and extra protection for their vehicles when they are under extreme conditions." He added "The new OTO range of lubricants is the result of the alliance between WOQOD and Shell, with products blended from the purest Qatari GTL (Gas To Liquid) base oil which results from converting natural gas into colorless base oils with virtually none of the impurities found in crude oil; delivering premium quality lubricants."</p><p style="text-align:justify;">WOQOD Lubricants OTO range:</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD has developed a new OTO range of lubricants which includes, OTO MOTIV the petrol engine oils, OTO MAX the diesel engine oils and OTO PRO the ancillary products. The new OTO MOTIV Ultimate, fully synthetic motor oil from WOQOD, has been formulated using the latest Shell technology and Qatari GTL base oil, to create a world class lubricant.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">OTO MOTIV Ultimate offers maximum efficiency and improves the time between oil changes, which protects engines and saves money.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The new lubricants are co-branded with Shell and will be launched initially in all WOQOD stations and through other channels at a later stage. The range is available in 1L, 4L, 5L, drum (bulk) sizes.</p><p style="text-align:center;"> </p><p> </p>“WOQOD” launches a new range of Premium Lubricants11/2/2019 10:00:00 PM540
“WOQOD” Opens Bul Hemmaid, New Petrol Station<p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>Bul Hemmaid,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station </strong></span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong>and Al Thakhira, New Mobile Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha –</strong><strong> </strong><strong>31/10/2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Bul Hemmaid Petrol Station on the Al Majd Road near Hamad Port on Thursday 31/10/2019, and by this raised its network of various petrol stations to 93<strong>.</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 new fixed petrol station in Bul Hemmaid. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Bul Hemmaid Petrol Station is spread over an area of 20000 square meters and has 3 lanes with 6 dispensers for light vehicles and 2 lanes with 4 dispensers for Trucks. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to sale of gasoline and diesel products for light vehicles, and diesel for Trucks</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 19 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:justify;">WOQOD has also launched a new Mobile Station at Al Thakhira area, adjacent to the existing Al Thakhira petrol station that will be available 24X7 for Trucks.</p><p style="text-align:center;"> </p>"WOQOD" Opens Bul Hemmaid, New Petrol Station.10/30/2019 10:00:00 PM539
WOQOD achieves QR 872 million by the end of 3rd Quarter 2019<p style="text-align:center;"><strong>Doha, Qatar • 16 October 2019</strong> </p><p style="text-align:center;"><strong> </strong></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong>WOQOD achieves QR 872 million by the end of 3</strong></span><span style="text-decoration:underline;"><strong><sup>rd</sup></strong></span><span style="text-decoration:underline;"><strong> Quarter 2019</strong></span></p><p>Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎or "WOQOD Group" or "the Group", with code name "QFLS" on Qatar Exchange, is a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products & gas including airports and seaports. WOQOD announced its operations, business and financial results for the 3<sup>rd</sup> quarter of the year 2019 ending 30 September 2019, where the Group's net profits (excluding minority rights) amounted to QR. 872 million compared to QR. 825 million for the same period in 2018, showing an increase of QR. 47 million representing 5.6% increase rate.</p><p>The achieved increase in net profit levels is attributable to the increase in sales, particularly retail sales, combined with the efforts exerted towards enhancing the capability and efficiency of the Group activities, business operations, reduction of General and Administrative expenses and good investment returns.</p><p>Earning Per Share for the period, amounted to QR. 0.88 per share compared to QR. 0.83 per share for the same period of the year 2018. This represents an increase rate of 6%.</p><p>In respect of projects, WOQOD has constructed and opened seven (7) new petrol stations up to end of September 2019 and is intending to complete the construction and operation of another 22 stations by the end of 2019. Hence, the number of WOQOD operated fuel stations amounted to 90 stations by the end of the 3<sup>rd</sup> quarter 2019 and will aggregate 112 stations by the end of 2019. Consequently, WOQOD will be doubling the number of stations built in 15 years, representing the period between 2002 - 2017, within only two years i.e. 2018 and 2019.</p><p>The construction of new petrol stations contributed to the increase of WOQOD share of petroleum products retail distribution market to 84% at the end of the third quarter of 2019, compared to 68% for the corresponding period of 2018. The newly built stations have increased the daily WOQOD retail network sales by 28%, in comparison with the corresponding period of the year 2018.</p><p>With regard to the Group's operations, the 3<sup>rd</sup> quarter has witnessed a 2% overall growth in total fuel sales volumes compared to the same period last year. Jet A1 sales increased by 7%, ‎Bitumen by 3%, LPG by 3%, Natural Gas & Compressed Natural Gas by 50% and Heavy Fuel Oil by 36%. Diesel sales volumes declined by 9%. The growth is attributable to macro-economic factors, whereas the decrease in diesel sales was attributable to the decrease of bulk quantities ordered by projects.</p><p>Retail sales volumes of petroleum products has achieved an overall increase of 28%. retail diesel sales increased by 12%, super gasoline by 45% and premium gasoline by 27%, while other non-petroleum retail sales revenue, including Sidra stores, grew by 14%.</p><p>The increase of retail sales was attributable to the opening and operation of additional petrol stations, as well as the promotions availed to customers.</p><p>Engineer Saad Rashid Al-Muhannadi Managing Director ‎& CEO noted that  the third quarter of the year 2019 has witnessed the renewal of WOQOD concession for an additional period of 5 years, as well as the issuance of  a number of policies and procedures mandated by the corporate governance code for listed companies and listed legal Entities. He went on to say that WOQOD has, in furtherance of consolidating its role as an exclusive downstream oil & gas company and in order to secure sustainability of its services, concluded a number of agreements and arrangements with major suppliers, consumers manufactures and service provider, with strict emphasis on the MOU signed with Almeera for the management and operation of WOQOD current and prospective Sidra retail outlets, as well as the agreement signed with Shell for providing WOQOD with shell high quality and purity automotive lubricating oils produced by shell through the utilization of the base oil derived from the utilization of gas to liquid technology. WOQOD will market and distribute the reference lubricants under a joint WOQOD and Shell logos.</p><p>Finally Engineer Al Muhannadi emphasized that the Group management and Board of Directors will exert ‎their best efforts to maintain and consolidate the company profitability and its ‎position as a sole downstream oil & gas distribution company in the State of Qatar, ‎in order to achieve company vision, mission and strategic objectives as a pioneer ‎company in the region, as well as the development of a strong, modern and robust ‎downstream oil & gas distribution sector of international caliber utilizing the best level of QHSSE measures in furtherance of the ‎State of Qatar overall infrastructure modernization plan. ‎</p><p> </p><p style="text-align:center;"><strong>-Ends-</strong></p><p style="text-align:center;"><strong>For more information about this press release, email </strong></p><h3 style="text-align:center;"><strong>investorrelations@woqod.com.qa </strong><strong> </strong><strong>or visit </strong><a href="/"><span lang="EN-GB" style="text-decoration:underline;"><strong>www.woqod.com</strong></span></a></h3><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p style="text-align:center;"><em class="ms-rteFontSize-2"><strong>Disclaimer</strong></em></p><p><em class="ms-rteFontSize-2">This release/Announcement/Report contains forward-looking and future-based prospective statements and/or information concerning the financial condition, results of operations, activities and businesses of Qatar Fuel (WOQOD) Q.P.S.C. , hereinafter WOQOD. All statements/information other than statements/information of historical fact are deemed to be forward-looking statements/information, being statements of future expectations that are based on current expectations and assumptions and not guarantees of future performance. Such forward-looking statement/information, involve known and unknown risks and uncertainties that could cause actual results, operations and business performance or events impacting the Group to differ materially from those expressed or as may be inferred from these statements.</em></p><p><em class="ms-rteFontSize-2">These and all subsequent written and oral forward-looking information incorporated in this release/announcement/report are based on estimates and opinions on the dates they are made as shown in the cover page herein and are expressly qualified in their entirety by this notice. </em></p><p><span class="ms-rteFontSize-2"><em>There are a number of factors that could affect the realisation of these forward-looking and/or future-based perspective statements such as, without limitation: (a) product margins fluctuations, (b) changes in demand or market conditions for the Group's services, (c) loss of market share and industry competition in non-concession products and facilities, (d) environmental risks and natural disasters, (e) changes in legislative, fiscal and regulatory conditions, (f) changes in economic and financial market conditions and (g) political risks (H) Regional instability, </em><em>war, blockade, sabotage, civil commotion or any other element or circumstances outside Group's control.</em><em> As such, results could differ substantially from those stated, or as may be inferred from the forward-looking statements contained herein. </em></span></p><p><span class="ms-rteFontSize-2"><em>WOQOD, its affiliated and subsidiary companies, its Directors, officers, partners, employees, advisors, contractors and agents shall not be liable in any way for any costs, special, direct, indirect, consequential or incidental damage, losses or other detrimental effects whether in tort, contract or quasi contract etc., resulting or arising from the use of or reliance by any party on any forward-looking, and future-based perspective statement and / or other material contained herein. Further, WOQOD, its subsidiaries, joint ventures, affiliate and associated companies are in no way obliged to update or publish revisions to any forward-looking and/or future-based prospective statement/information or any other material contained herein should circumstances or managements opinions change or</em><em>   </em><em>which may or may not be known to have changed or to be inaccurate as a result of new information, future events or any reason whatsoever. WOQOD does not guarantee the accuracy of the historical statements contained herein.</em></span></p><p style="text-align:center;"><em class="ms-rteFontSize-2"><strong>General Notes</strong></em></p><p><em class="ms-rteFontSize-2">WOQOD's accounting year follows the calendar year. No adjustment has been made for leap years. Values are expressed in millions of Qatari Riyals and percentages have been rounded to nearest whole number. All other values have been rounded to the nearest whole number. Values expressed in US $'s have been translated at the rate of US $1 = QR3.64, wherever applicable.</em></p><p style="text-align:center;"><span class="ms-rteFontSize-2"><em><strong>About Qatar Fuel Company (WOQOD) </strong></em><em><strong>‎</strong></em><em><strong>Q.P.S.C.</strong></em></span></p><p><span class="ms-rteFontSize-2"><em>Qatar Fuel (WOQOD)</em><em>Q.P.S.C. </em><em>was incorporated as a Qatari joint stock company on 2</em><em><sup>nd </sup></em><em>July 2002 by an Amiri Decree law and was listed as a public shareholding company in Qatar Exchange effective from 2003. The authorised share capital is QR 1,000,000,000 divided into 1,000,000,000 shares with nominal par value of QR. 1 per share. The issued share capital is currently QR 994,255,760 shares.</em></span></p><p><em> </em></p><p>​</p>WOQOD achieves QR 872 million by the end of 3rd Quarter 201910/15/2019 10:00:00 PM538
“WOQOD” Opens Al Thumama-3, New Petrol Station.<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 Thumama-3,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Thumama-3 Petrol Station on Sunday 13/10/2019, and by this raised its network of various petrol stations to 91<strong>.</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 fixed petrol station in Al Thumama. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Al Thumama-3 Petrol Station is spread over an area of 2800 square meters and has 3 lanes with 6 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents and include Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to the sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 20 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:center;"> </p><p>​</p>"WOQOD" Opens Al Thumama-3, New Petrol Station10/12/2019 10:00:00 PM536
“WOQOD” Opens Al Wajba -2, 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 Wajba -2,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Wajba -2 Petrol Station on Tuesday 08/10/2019, and by this raised its network of various petrol stations to 90<strong>.</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 new fixed petrol station in Al Wajba. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Al Wajba -2 Petrol Station is spread over an area of 11300 square meters and has 4 lanes with 12 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 21 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p>“WOQOD” Opens Al Wajba -2, New Petrol Station10/7/2019 10:00:00 PM535
"WOQOD" Opens Al Dafna, 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 Dafna,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Dafna Petrol Station on Wednesday 02/10/2019, and by this raised its network of various petrol stations to 89<strong>.</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 new fixed petrol station in Al Dafna. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Al Dafna Petrol Station is spread over an area of 4200 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 22 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:center;"> </p>"WOQOD" Opens Al Dafna, New Petrol Station10/1/2019 10:00:00 PM534
“WOQOD” Opens Ras Bu Abboud, New Petrol Station.<p>​</p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>Ras Bu Abboud,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha -</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Ras Bu Abboud Petrol Station on Tuesday 17/09/2019, and by this raised its network of various petrol stations to 88<strong>.</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 new fixed petrol station in Ras Bu Abboud. 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 and energy 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;"><strong> </strong></p><p style="text-align:justify;">Ras Bu Abboud Petrol Station is spread over an area of 15200 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, Manual Car Wash, Oil Change and Tire Repair, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 23 new petrol stations, which most of them will be operational in the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020". </p><p style="text-align:center;"> </p>"WOQOD" Opens Ras Bu Abboud, New Petrol Station.9/16/2019 10:00:00 PM533
"WOQOD" Opens Umm Garn, New Petrol Station.<p>​</p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>Umm Garn,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha, 11/09/2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Umm Garn Petrol Station on Wednesday 11/09/2019, and by this raised its network of various petrol stations to <strong>87.</strong></p><p style="text-align:justify;"> </p><p>WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: We are pleased to open new fixed petrol station in Umm Garn. 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 and energy 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><strong> </strong></p><p style="text-align:justify;">Umm Garn Petrol Station is spread over an area of 9600 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, Manual Car Wash, Oil Change and Tire Repair, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 24 new petrol stations, which most of them will be operational on the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020".                </p>"WOQOD" Opens Umm Garn, New Petrol Station9/10/2019 10:00:00 PM532
WOQOD and Shell Lubricants Ink Deal on Supply of Premium Lubricants<p>​</p><h1>WOQOD and Shell Lubricants Ink Deal on Supply of Premium Lubricants </h1><p style="text-align:justify;"><strong>Doha, 25 August 2019: Qatar Fuel Company (WOQOD) and Shell Lubricants today signed an agreement over the supply of finished premium lubricants. Under the agreement, Shell will provide WOQOD engine lubricants over a five-year period.</strong></p><p style="text-align:justify;">The agreement was signed at the WOQOD office by Saad Rashid Al-Muhannadi, Managing Director and CEO of WOQOD, Andrew Faulkner, Managing Director and Chairman of Qatar Shell Companies, and Azmat Jafri, GM Lubricants Middle East.  </p><p style="text-align:justify;">This new agreement will power WOQOD lubricants with Shell technology and have the advantage of being blended from the purest Qatari GTL (Gas To Liquid) base oil. GTL technology converts natural gas into   colorless base oils with virtually none of the impurities found in crude oil; delivering exceptional engine protection under extreme conditions. </p><p style="text-align:justify;"> </p><p style="text-align:justify;">Saad Rashid Al-Muhannadi, WOQOD's Managing Director and CEO, commented: "This strategic alliance between WOQOD and Shell will ensure that WOQOD is providing the premium quality lubricants to Qatar market". He added, "In 2009 WOQOD signed an agreement with Shell Marine for the exclusive distribution of marine lubricants in Qatar for 15 years. This Co-branded automotive partnership is therefore a further extension of that relationship".</p><p style="text-align:justify;">The agreement will ensure the supply of high-quality lubricants, combining premium Qatari GTL components and Shell technology, across all WOQOD retail sites from September 2019.</p><p style="text-align:justify;">Andrew Faulkner, Managing Director and Chairman of Qatar Shell said the agreement is an acknowledgement of the benefits of Shell's engine oil expertise and cutting-edge technology, noting that the deal also, 'reflects WOQOD and Qatar Shell's shared commitment to the delivery of premium products and services in Qatar.'</p><p style="text-align:justify;">The supplied premium engine oils will be co-branded as WOQOD OTO and will be available in a variety of packs and applications.</p><p style="text-align:justify;"><strong>Co-branded Lubricants </strong></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;">WOQOD has developed a new OTO range of lubricants which includes, OTO MOTIV the petrol engine oils, OTO MAX the Diesel engine oils and OTO PRO the ancillary products. The new OTO Motiv Ultimate, Fully Synthetic Motor Oil from WOQOD, has been formulated using the latest Shell technology and Qatari GTL base oil, to create a world class lubricant.</p><p style="text-align:justify;">OTO Motiv Ultimate offers maximum efficiency and improves the time between oil changes, which protects engines and saves money.</p><p style="text-align:justify;"> </p><p style="text-align:center;"><strong> </strong></p>WOQOD and Shell Lubricants Ink Deal on Supply of Premium Lubricants8/24/2019 10:00:00 PM531
“WOQOD” Opens New Al Rayyan -2, New Petrol Station<p>​</p><p><span lang="AR-SA" dir="rtl" style="text-decoration:underline;"> </span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong> </strong></span></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>New Al Rayyan -2,</strong></span><span style="text-decoration:underline;"><strong> </strong></span><span lang="EN" style="text-decoration:underline;"><strong>New Petrol Station</strong></span></p><p style="text-align:justify;"><strong> </strong></p><p style="text-align:justify;"><strong>Doha,</strong><strong> </strong><strong>2019.</strong> As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened New Al Rayyan -2 Petrol Station on Thursday 08/08/2019, and by this raised its network of various petrol stations to <strong>86.</strong></p><p style="text-align:justify;"> </p><p>WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: We are pleased to open new fixed petrol station in New Al Rayyan -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 and energy 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><strong> </strong></p><p style="text-align:justify;">New Al Rayyan -2 Station is spread over an area of 9200 square meters and has 3 lanes with 9 dispensers. </p><p style="text-align:justify;">The new Petrol Stations offer round-the-clock services to residents, and include Sidra convenience store, and sale of LPG cylinders, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 25 new petrol stations, which most of them will be operational on the current year 2019. </p><p style="text-align:justify;">Al-Muhannadi concluded his announcement by saying that "As part of its strategic expansion plan, WOQOD is targeting the achievement of a total of 114 fuel stations by the end of 2020".                </p><p style="text-align:center;"> </p>“WOQOD” Opens New Al Rayyan -2, New Petrol Station8/7/2019 10:00:00 PM530
Eid Mubarak<p>​Eid Mubarak</p>Eid Mubarak8/7/2019 10:00:00 PM529
WOQOD and Al MEERA have signed an MOU to enter into an Agreement to manage and operate WOQOD C-Store outlets<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;"><span style="color:green;font-family:"garamond",serif;font-size:14pt;"><strong> </strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><h4 style="margin:0in 0in 0pt;text-align:center;"><span style="font-size:14pt;"><strong><span style="text-decoration:underline;"><font color="#008000" face="Garamond">WOQOD and Al MEERA have signed <span style="font-size:14pt;"><strong><span style="text-decoration:underline;"><font color="#008000" face="Garamond"><span></span><strong><font color="#008000" face="Garamond" size="5">an MOU to enter into an Agreement to manage and operate WOQOD C-Store outlets</font></strong><span></span></font></span></strong></span></font></span></strong></span></h4><div style="text-align:center;"><font color="#000000" face="Times New Roman" size="3"> </font></div><p style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><span style="color:green;font-family:"garamond",serif;"><strong><font size="3"> </font></strong></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p>Qatar Fuel Company (WOQOD) and Al Meera Consumer Goods Company (AL MEERA) announced that they had signed a memorandum of understanding wherein WOQOD and AL MEERA will enter into an Agreement to operate and manage current and prospective WOQOD’s Sidra Convenience Stores, currently aggregating 65 C-stores’ outlets. </p><font color="#000000" face="Times New Roman" size="3"> </font><p> </p><font color="#000000" face="Times New Roman" size="3"> </font><p>Both parties have agreed to exert their best endeavors to execute the Definitive Operating and Management Agreement incorporating the detailed terms and conditions within six (6) month period.</p><font color="#000000" face="Times New Roman" size="3"> </font><p> </p><font color="#000000" face="Times New Roman" size="3"> </font><p>On this occasion, Mr. Saad Rashid Mohammed Al Muhannadi, WOQOD Chief Executive Officer & Managing Director indicated that the agreement conforms to WOQOD’s strategy for outsourcing non-core business activities through contracting with specialized and/or professional entities/third parties in accordance with the best practice. Additionally, he stressed that the agreement poses a strong alliance between two publicly listed shareholding Qatari companies responsible to consolidate the State of Qatar’s public policy towards localization of the services in order to boost the country’s economy.</p><font color="#000000" face="Times New Roman" size="3"> </font><p> </p><font color="#000000" face="Times New Roman" size="3"> </font><p>On his part Mr. Youssef Ali A Y Al-Obaidan, AL MEERA Chief Executive Officer, explained that the agreement avails a favorable opportunity for AL MEERA to further consolidate its activities and services through the addition of Sidra C-Stores. As part of AL MEERA’s ambitious expansion strategy, and with a view to provide outstanding services to consumers, this collaboration will enable AL MEERA to offer consumers more diverse product range, at competitive prices. Managing Sidra stores marks an important milestone towards building a strong alliance with WOQOD and will allow both Qatari companies to reach and serve many communities across the State of Qatar. </p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><span style=""><font color="#000000" face="Times New Roman" size="3">  </font></span></p><font color="#000000" face="Times New Roman" size="3"> </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><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><font color="#404040" face="Cambria" size="3"> </font></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 0pt;line-height:normal;"><font color="#404040" face="Cambria" size="3"> </font></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><span style="font-family:"calibri",sans-serif;"><font color="#404040" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3"> </font><p style="margin:0in 0in 12pt;"><font color="#404040" face="Cambria" size="3"> </font></p><font color="#000000" face="Times New Roman" size="3"> </font>WOQOD and Al MEERA have signed an MOU to enter into an Agreement to manage and operate WOQOD C-Store outlets7/28/2019 10:00:00 PM527

 

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