HOME

عربي

FAQs

Qataraization

Vacancies

Investor Relations

Awareness Campaigns

Call Center

40217777

Toll Free Number

800-3835 800-FUEL

News

Featured News

WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-Opens-Sawdanatheel-2-As-Its-Largest-Ever-Station.aspx

WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station The station is ready to welcome Qatar's guests to the World Cup and includes units for charging electric vehicles Doha - 11 August 2022 Qatar Fuel "WOQOD" opened Sawdanatheel 2 station today as part of its preparations to welcome visitors of the State of Qatar attending the 2022 World Cup. This station will serve as a gateway for the residents of the GCC coming to Qatar by road. On this occasion, Mr. Saad Rashid Al Muhannadi, WOQOD's Managing Director & CEO, said, "We are pleased today to inaugurate Sawdanatheel 2 station on Salwa Road, which is the largest station opened to date, to meet the needs of our valued customers in this area and around it." The launch of this new station, he continued, "will help to greeting the guests of Qatar coming to it by land, especially those who wish to attend the unique World Cup that will be held in Qatar," due to its innovative and special services. As part of WOQOD's green initiative in line with Qatar's 2030 vision for sustainability, Sawdanatheel 2 station has been equipped with units to generate electricity from solar energy to cover part of the energy used in the station, in collaboration with Siraj Energy. It also has units for charging electric vehicles installed in cooperation with the Qatar General Electricity and Water Corporation (KAHRAMAA). The 30,000 square meter Sawdanatheel 2 station will welcome visitors to Qatar 24 hours a day and is situated after they cross the land border point, around 33 kilometers in the direction of Doha. It also has a "Sidra Garden" store for daily necessities that includes a food court with a variety of shops and eateries in addition to two drive through restaurants. Additionally, there is a mosque and a center for distributing LPG “SHAFAF" cylinders. The customers can also get all vehicle-related services such as manual car wash, oil changes, and tire repairs for light vehicles, in addition to providing all types of petroleum products for light vehicles and trucks. Mr. Al Muhannadi added that the establishment of this distinguished station comes within WOQOD's strategic plans, which are based on expanding its network of stations and serving all regions of the country and translates its ambitious plans to expand its network of stations and facilitate access to them. It also aims to meet the increasing demand for petroleum products in the local market and ensure the provision of high-quality products and services for all customers across the country as well as for its guests, expressing the company's thanks and gratitude to all relevant governmental and private entities that contributed to the completion of this project. It is worth noting that WOQOD is currently overseeing the implementation of 9 new fuel stations, most of which are expected to be operational in the second half of 2022.

WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station

8/10/2022 10:00:00 PM

WOQOD achieves QR 501 million at the end of the First Half of the year 2022

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-501-million-at-the-end-of-the-First-Half-of-the-year-2022.aspx

Doha, Qatar • 26 July 2022 WOQOD achieves QR 501 million at the end of the First Half of the year 2022Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎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 including to airports and seaports, either by itself or through subsidiary ‎companies “QJET, FAHES and WOQOD Marine", announced that its Board of Directors chaired by Mr. Ahmed Saif Al-Sulaiti approved the financial results of WOQOD Group for the First Half of the year 2022 ended on 30 June 2022, compared to the results achieved in the corresponding period of the year 2021. WOQOD Group's net profit for the period (excluding minority rights) amounted to QR. 501 million, compared to an amount of QR. 461 million achieved in the same period of the year 2021, with an increase of QR. 40 million, representing an increase rate of 9%. The earning per share for the period amounted to QR. 0.5 per share compared to QR. 0.46 for the same period of the last year. The increase in net profit and earnings per share was due to a noticeable improvement in the performance of most of the Group's activities and sales, coupled with the increased efforts exerted towards implementing the Group already approved efficiency and cost optimization policy in furtherance of the Group's business. On the other hand, Mr. Saad Rashid Al Muhannadi, CEO and Managing Director, indicated that the total fuel sales for the period have increased by 14% compared to the same period of the year 2021, driven by the increase in Jet fuel sales by 26%. And he also mentioned that the number of petrol stations owned and managed by the company reached 119 stations by the end of June 2022, indicating that the company will build another 10 petrol stations by the end of this year 2022, and will also cooperate with KARAMAA for installation of EV charging points at 22 petrol stations to meet the future requirements of EV segment. In conclusion, Al-Muhannadi indicated that WOQOD, in coordination with other concerned stakeholders, has taken all preparatory measures and availed all the prerequisites to meet the 2022 World Cup requirements in Petroleum and Gas products.

WOQOD achieves QR 501 million at the end of the First Half of the year 2022.

7/25/2022 10:00:00 PM

Eid Al-Adha Holiday 2022 Coverage

https://www.woqod.com/EN/MediaCenter/News/Pages/Eid-Al-Adha-.aspx

Working hours for WOQOD team members during Eid Al-Adha holidays.

Working hours for WOQOD team members during Eid Al-Adha holidays.

7/6/2022 10:00:00 PM

Eid Mubarak

https://www.woqod.com/EN/MediaCenter/News/Pages/Eid.aspx

Eid Mubarak

Eid Mubarak

7/6/2022 10:00:00 PM

Book An Appointment and Pay for Fahes Inspection with Ease!

https://www.woqod.com/EN/MediaCenter/News/Pages/Pay-For-Fahes-Inspection-With-Ease!.aspx

As part of its endeavor to provide better service to its customers, Qatar Fuel Company "WOQOD" has launched a new version of its mobile application, through which it offers many new and useful features. The App's new feature makes it easier now to book an appointment for the technical inspection at Fahes, choose FAHES station and desired time of their choice, pay online for the service before they even reach the station and obtain its reports after the inspection has been carried out, which will save them from the hassle of long queues. The App will generate a payment receipt 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. The customer has an option to book the vehicle inspection slot and pay at the inspection center if they wish to do so. 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.

Pay For Fahes Inspection With Ease!

5/30/2022 10:00:00 PM

Sustainability Report -2021

https://www.woqod.com/EN/MediaCenter/News/Pages/Sustainability-Report--2021.aspx

It is with pleasure that we issue WOQOD's Sustainability Report 2021 which represents the 9th edition since we started reporting in 2013. It has been prepared in line with Global Reporting Initiative (GRI) – G4 Guidelines along with Oil & Gas supplements. In determining the scope of this Report, we considered the level of business activities and specific sustainability concerns for the entities under WOQOD. Considering the views of the stakeholders, WOQOD's overall business risks, relevant sustainability trends together with industry best practices, we identified the material factors that are of most concern to our business and stakeholders.Highlighting Sustainability Report 2021 <ul><li>WOQOD's revenue for 2021 was QAR 19.5 billion 47% increase year-on-year. The consolidated net profit for the year 2021 amounted to QAR 974 MM, a 38 % increase on the previous year due to increased sales volume and improved market conditions</li></ul> <ul><li>In 2021, 84.31% of our total procurement spending was awarded to locally based contractors and suppliers, a 3.52 % increase compared to 2020.</li></ul> <ul><li>WOQOD signed MoU with Siraj Energy build and operate Photovoltaic (PV) system in two petrol stations with electric charging units for light vehicles and plan add another more Solarized petrol stations in coming years. WOQOD signed MoU with Kahramaa for the installation and operation of electric charging units in petrol stations.</li></ul> <ul><li>WOQOD safety performance has continuously improved to achieve lower LTI and TRC frequency rates. We achieved LTIF - 2021 target i.e. 0.353 against the Target of 0.370 and Total Recordable Injury Rate (TRIR) target is 0.899 but actual is 0.931.</li></ul> We invite you to find out more in our Sustainability Report-2020. If you have questions or comments, we invite you to share them with us at <a href="mailto:sustainability@woqod.com.qa">sustainability@woqod.com.qa</a> To view the full Sustainability Report 2020 kindly <a href="/EN/WOQODe/Pages/Sustainability%20report%20-%202021.pdf">click here </a>

Sustainability Report -2021

5/24/2022 10:00:00 PM

EID AL Fitr HOLIDAY 2022 COVERAGE

https://www.woqod.com/EN/MediaCenter/News/Pages/EID-AL-Fitr-HOLIDAY-2022-COVERAGE.aspx

Working Hours of the Customer Credit Support Roaster Team for Eid Al Fitr 2022

4/27/2022 10:00:00 PM

WOQOD achieves QR 263 million at the end of the First Quarter of the year 2022

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-263-million-at-the-end-of-the-First-Quarter-of-the-year-2022.aspx

Doha, Qatar • 13 April 2022 WOQOD achieves QR 263 million at the end of the First Quarter of the year 2022Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎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 Qatarو including airports and seaports, either by itself or through subsidiary ‎companies “QJET, FAHES & WOQOD Marine”, announced that its Board of Directors had held its Second meeting for the year 2022 at 1:30 pm. on Wednesday April 13th 2022 under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. the meeting was held remotely through the utilization the Video Call facility. The Board discussed the performance of the business operations and the financial results of WOQOD Group for the First Quarter of the year 2022 ended on 31 March 2022, compared to the same results achieved in the corresponding period of the year 2021.WOQOD Group net profit for the period (excluding minority rights) amounted to QR. 263 million, compared to an amount of QR. 253 million achieved in the same period in the year 2021, with an increase of QR. 10 million, representing an increase rate of 4%. The earning per share for the period amounted to QR. 0.26 compared to QR. 0.25 for the same period of last year 2021. The increase in net profit and earnings per share compared to the same period in 2021 was due to the relative increase in sales of petroleum and non-petroleum products, where Mr. Saad Rashid Al Muhannadi, CEO and Managing Director indicated that there was a 10% increase in total sales of petroleum products.Al Muhannadi also explained that the number of WOQOD operating stations reached 119 by the end of the first quarter of 2022 and is expected to reach 129 by the end of the year 2022. He further explained that WOQOD has a dynamic plan in the construction of the new petrol stations that is ‎being reviewed periodically according to the conditions of fuels demand and the need for fuel stations.‎On the other hand, Al Muhannadi explained that WOQOD has been classified by Brand Finance among the top 10 most valuable brands in the oil and gas sector in the Middle East, and that WOQOD Group have received an ISO certificate in business continuity management.In conclusion, Al-Muhannadi assured that WOQOD Group will exert ‎all efforts to maintain and ‎enhance the service levels, continue to focus on the efficiency improvement and operational ‎excellence, and take all other viable measures in furtherance of the Group profitability and the ‎achievement of its vision, ‎mission and strategic goals as a pioneer downstream oil and gas ‎company, and to build ‎a modern, robust and state-of-the-art petroleum products distribution ‎sector within the country, in order to ‎keep pace with the general policy of the State of Qatar in ‎the modernization of infrastructure facilities, and to ‎provide the best services according to the ‎best QHSSE standards, and achieve the best results for its valued ‎shareholders.‎

WOQOD achieves QR 263 million at the end of the First Quarter of the year 2022

4/13/2022 10:00:00 PM

WOQOD Launches its New Mobile Application.

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-APP.aspx

As part of its endeavor to provide better service to its customers, Qatar Fuel Company "WOQOD" has launched a new version of its mobile application, through which it offers many new and useful features. It has become easier now to book an appointment for the technical inspection at Fahes, pay its fees, and obtain its reports, as well as the case with charging the balance of the Prepaid WOQODe tag, and the ability to locate the nearest petrol station, Car Service Centers, Sidra stores or even Shafaf gas cylinder sales sites, in addition to WOQOD’s promotions, fuel prices and stock prices that are constantly updated. And because listening to the customers’ feedback is at the top of its priorities, WOQOD has provided, through its new application, a special section that allows customers to direct their feedback and observations and get a response to them with ease. The new App is now available for download on Google Play or the Apple Store, today.

WOQOD ANNOUNCES THE LAUNCH OF ITS NEW MOBILE APP

3/26/2022 10:00:00 PM

WOQOD held its Annual General Assembly Meeting 27 February 2022

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-held-its-Annual-General-Assembly-Meeting-.aspx

Qatar Fuel Company (WOQOD) held its Annual General Assembly Meeting at 6:30 pm on Sunday 27 February 2022 at WOQOD Tower via video conferencing tool (Zoom).

WOQOD held its Annual General Assembly Meeting 27 February 2022

2/27/2022 10:00:00 PM

“WOQOD” Opens Ain Khalid -3 New Petrol Station

https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Ain-Khalid--3-New-Petrol-Station-.aspx

"WOQOD" Opens Ain Khalid -3 New Petrol Station Doha – 00/01/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Ain Khalid -3 petrol station, at Ain Khalid area, on Sunday 30/01/2022, and by this it raised its network of petrol stations to 112.WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open a new petrol station in Ain Khalid area, 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."New Ain Khalid -3 petrol station is spread over an area of 2170 square meters and has 2 lanes with 4 dispensers for light vehicles, which will serve Ain Khalid area, and its neighborhood.Ain Khalid -3 petrol station offers round-the-clock services to residents, and includes Sidra convenience store, in addition to sale of gasoline products for light vehicles.

"WOQOD" Opens Ain Khalid -3 New Petrol Station

1/30/2022 10:00:00 PM

WOQOD achieves QR 974 million at the end of the fiscal year 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-974-million-at-the-end-of-the-fiscal-year-2021.aspx

WOQOD achieves QR 974 million at the end of the fiscal year 2021. Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎or "WOQOD Group" or "the Group", with code name "QFLS" on Qatar Exchange, a company with an exclusive concession in the State of Qatar to distribute, sell, transport and market refined petroleum products, including airports and seaports, either by itself or through subsidiary ‎companies "QJET, FAHES & WOQOD Marine", announced that its Board of Directors had held its annual meeting at 1:30 pm. on Wednesday, January 19th 2022, under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. In accordance with the official directives issued with the aim of combating the spread of the coronavirus "Covid-19", the meeting was held virtually, where the Board discussed and approved – inter alia- the performance of the company's business operations and financial results of WOQOD Group for the year ended 31 December 2021 as compared to the results achieved in the year 2020.WOQOD Group net profit for 2021 (excluding minority rights) amounted to QR 974 million, as compared to an amount of QR 707 million achieved in the past year 2020, representing an increase of 38%. Earnings per share for the period amounted to QR 0.98, as compared to QR 0.71 for the past year, while Shareholders Equity increased by about 7% to reach 9.0 billion riyals compared to 8.4 billion riyals for the year 2020. The increase in net profit and earnings per share was attributed to a noticeable improvement in the performance of most of the Group's activities and sales in conjunction with the signs of recovery from the pandemic. This coupled with the increased efforts exerted towards implementing the already approved efficiency and rationalization of expenditure policy in the Group's business, where the company managed to reduce the negative impacts of the pandemic by taking several proactive steps and initiatives to ensure continuity of its business under these critical circumstances, particularly in the retail business , where we opened more Sidra convenience stores, introduced more WOQOD branded products and lubricants, We have also launched some more initiatives and projects in aviation, marine, bunkering, technical inspection, and non-retail segments.The Board reviewed and approved the current and future projects that the company plans to establish, where the company has opened nine Sidra Convenience Stores, and 3 new petrol stations, thus increased the number of stations operating by the end of 2021 to 111 stations. The year of 2022 will witness the completion of the construction and operation of 12 new stations, thus bringing the number of stations to 123 stations. Mr. Saad Rashid Al Muhannadi, Managing Director and CEO explained that the company has a dynamic plan for the construction of new petrol stations, which will be periodically reviewed according to the demand conditions and the need for petrol stations. Based on the expansion of the petrol stations construction as mentioned above, the share of WOQOD in the petroleum retail market reached to about 85% in the year 2021. Al-Muhannadi also referred to the actions taken by WOQOD Group towards the Qatarization of jobs, the implementation of the Service Localization Initiative, and the measures taken towards combating the Corona virus pandemic, where WOQOD continued to work closely with the relevant authorities to reduce the negative effects of the pandemic, and thereby enabling WOQOD to ensure the continuous and regular supply of refined petroleum products and gas to all sectors in Qatar, in line with the applicable health, security, safety and environmental health procedures and standards.Based on the company's profits in 2021 and taking into account the requirements of current and future projects, the Board has recommended to the Company's Annual Shareholders General Assembly scheduled for 27 February2022 to approve a Dividend distribution to shareholders of 0.76 QR per share.In recognition of the good performance of WOQOD Group in the fields of environment, governance, and social responsibility, WOQOD was ranked by MSCI QSE ESG Index as the sixth best company in the fields of governance, environment, and social responsibility. Also, WOQOD was ranked by Forbes among the top 100 listed joint stock companies in the Middle East for 2021. The ranking was based on the most valuable companies across Middle East. On the other-hand, Al-Muhannadi mentioned that the Board of Directors have decided to issue its recommendation to the Extraordinary General Assembly to amend WOQOD Articles of Association to conform to the Commercial Companies Act 2015 as amended by the law no. 8 of the year 2021 and also to admit Non-Qatari persons to own 100% of the Company share capital in line with the governmental recommendation after obtaining all the required consents. In conclusion, Al-Muhannadi assured that WOQOD Group will exert ‎all efforts to maintain and enhance the service levels, continue to focus on the efficiency improvement and operational excellence, and take all other viable measures in furtherance of the Group profitability and the achievement of its vision, ‎mission and strategic goals as a pioneer downstream oil and gas company, and to build ‎a modern, robust and state-of-the-art petroleum products distribution sector within the country, in order to ‎keep pace with the general policy of the State of Qatar in the modernization of infrastructure facilities, and to ‎provide the best services according to the best QHSSE standards, and achieve the best results for its valued ‎shareholders.‎ -Ends-

WOQOD achieves QR 974 million at the end of the fiscal year 2021.

1/18/2022 10:00:00 PM

WOQOD achieves QR 691 million for the 9 months period ended 30 Sep 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-691-million-for-the-9-months-period-ended-30-Sep-2021.aspx

WOQOD achieves QR 691 million for the 9 months period ended 30 Sep 2021Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎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 and gas within State of Qatar including airports and seaport, announced that its Board of Directors chaired by Mr. Ahmed Saif Al-Sulaiti approved the financial results and key performance and operational indicators of WOQOD Group for the 9 months period ended on 30 September 2021 compared to the financial and operational results for the same period of 2020. The Board has also approved the Group Capital and Operational Budget for the year 2022.WOQOD Group’s consolidated net profit (attributable to the shareholders of WOQOD) for the period ended 30th September 2021 amounted to QR. 691 million, compared to an amount of QR. 429 million achieved for the same period of 2020, showing an increase of QR. 262 million, representing an increase rate of 61%. The earning per share for the period amounted to QR. 0.69 per share compared to QR. 0.43 for the same period last year.The increase in net profit and earnings per share was due to a noticeable improvement in the performance of most of the Group's activities and revenues in conjunction with the economic recovery from the COVD-19 pandemic, coupled with the efforts exerted towards implementing the approved optimization policy in the Group's business.In the field of the petrol stations Projects, Mr. Saad Rashid Al-Muhannadi, Managing Director and CEO, pointed out that year to date, the company has opened 5 new petrol stations, bringing the number of stations operated by the company to 110. Further, the company plans to add 1 more station before the end of this year, taking the number of stations to 111. The company plans to build & operate an additional 11 petrol stations before the Football World Cup 2022 kick-off so as to have 122 stations. As a result of the increase in petrol stations, WOQOD market share has reached 85% in the retailing of fuel products and this is expected to grow in the upcoming years.In conclusion, Al-Muhannadi indicated that WOQOD Group has been closely monitoring the developments of the COVID-19 pandemic and working with its partners in combating the spread and limiting the negative effects of COVID-19. WOQOD has issued and applied a suitable, flexible and effective business plan to ensure the continuity of its activities on regular basis and in line with the health, safety, security and as per the prevalent sanitation standards in force in the Oil and Gas industry.

WOQOD achieves QR 691 million for the 9 months period ended 30 Sep 2021

10/20/2021 10:00:00 PM

“WOQOD” Opens Waterfront New Petrol Station.

https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Waterfront-New-Petrol-Station-.aspx

"WOQOD" Opens Waterfront New Petrol Station Doha – 03/08/2021. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Waterfront petrol station, at Lusail City, on Tuesday 03/08/2021, and by this it raised its network of fixed and mobile petrol stations to 108.WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open a new fixed petrol station in Waterfront, Lusail City, 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."New Waterfront petrol station is spread over an area of 8350 square meters and has 3 lanes with 6 dispensers for light vehicles, which will serve Waterfront, Lusail City, and its neighborhood.Waterfront petrol station offers round-the-clock services to residents, and includes Sidra convenience store, and sale of LPG cylinders "SHAFAF", in addition to providing all kinds of petroleum products for light vehicles.

"WOQOD" Opens Waterfront New Petrol Station

8/2/2021 10:00:00 PM

Finance department working hours during Eid Al-Adha Holidays 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/Finance-department-working-hours-during-Eid-Al-Adha-Holidays-2021.aspx

Finance department working hours during Eid Al-Adha Holidays 2021

Finance department working hours during Eid Al-Adha Holidays 2021

7/14/2021 10:00:00 PM

Statement and clarification on the percentage of purification of Qatar Fuel (WOQOD) shares.

https://www.woqod.com/EN/MediaCenter/News/Pages/Statement-and-clarification-on-the-percentage-of-purification-of-Qatar-Fuel-(WOQOD)-shares.aspx

We would like to inform our valued customers that Dr. Ali Mohieddin Al-Qaradaghi, Secretary-General of the International Union of Muslim Scholars, announced in a statement that, as of July 1, 2021, the percentage of purification of profit for Qatar Fuel Company (WOQOD) shares has become 10.77%, and the value of purification of the stock is 0.079, after the interest rate decreased.It is worth noting that this percentage is still more than the percentage approved in Sharia Standard No. 21 (for AAOIFI), which is that the percentage of forbidden revenue does not exceed 5% of the total revenue.

Statement and clarification on the percentage of purification of Qatar Fuel (WOQOD) shares.

7/12/2021 10:00:00 PM

WOQOD achieves QR 461 million at the end of the First Half of the year 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-461-million-at-the-end-of-the-First-Half-of-the-year-2021.aspx

Doha, Qatar • 11 July 2021 WOQOD achieves QR 461 million at the end of the First Half of the year 2021Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎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 including to airports and seaports, either by itself or through subsidiary ‎companies “QJET, FAHES and WOQOD Marine”, announced that its Board of Directors chaired by Mr. Ahmed Saif Al-Sulaiti approved the financial results of WOQOD Group for the First Half of the year 2021 ended on 30 June 2021, compared to the results achieved in the corresponding period of the year 2020.WOQOD Group’s net profit for the period (excluding minority rights) amounted to QR. 461 million, compared to an amount of QR. 270 million achieved in the same period of the year 2020, with an increase of QR. 191 million, representing an increase rate of 71%. The earning per share for the period amounted to QR. 0.46 per share compared to QR. 0.27 for the same period of the last year.The increase in net profit and earnings per share was due to a noticeable improvement in the performance of most of the Group's activities and sales in conjunction with the signs of recovery from the Corona pandemic, coupled with the increased efforts exerted towards implementing the Group already approved efficiency policy in the Group's business.In the field of the petrol stations project, Mr. Saad Rashid Al-Muhannadi pointed out that since the beginning of 2021 to date the company has opened 2 petrol stations, bringing the number of stations currently operated by the company to 107, and explained that the company plans to add four more stations by the end of this year and the number will rise to 111 stations, while the company plans to build seven petrol stations in 2022, to bring the number of stations to 118 stations. As a result of the increase in petrol stations numbers, WOQOD share in the fuel products retail market has reached 85%, which is expected to reach 90% over the next few years.On the other hand, Al Muhannadi explained that in order to increase the effectiveness in the Technical Inspection Centers, the company in coordination with the General Directorate of Traffic took appropriate measures to avoid any wait for our valued customers, and has increased the working hours of Technical Inspection Centers, especially in high-density centers, where working hours in some centers such as Mesimier and Wadi Al-Banat reached 18 hours per day.In conclusion, Al-Muhannadi indicated that WOQOD has been closely monitoring the developments of the Corona pandemic and working with its partners to coordinate the combating the spread and limiting the negative effects of COVID-19. WOQOD had issued and applied a suitable, flexible and effective business plan to ensure the continuity of its 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, in order to implement the best standards and measures issued in this regard.

WOQOD achieves QR 461 million at the end of the First Half of the year 2021

7/10/2021 10:00:00 PM

Finance team working hours during Eid Al Fitr 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/Eid-Al-Iftar-.aspx

Finance team working hours during Eid Al Fitr 2021

Finance team working hours during Eid Al Iftar 2021

5/5/2021 10:00:00 PM

WOQOD Opens Ras Laffan New Petrol Station

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-Opens-Ras-Laffan-New-Petrol-Station.aspx

"WOQOD" Opens Ras Laffan New Petrol Station, Doha – 18/04/2021. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Ras Laffan petrol station, at Ras Laffan Industrial City, on Sunday 00/04/2021, and by this it raised its network of petrol stations to 107. WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: We are pleased to open a new petrol station in Ras Laffan Industrial City, 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. New Ras Laffan petrol station is spread over an area of 15000 square meters and has 3 lanes with 9 dispensers for light vehicles, and 2 lanes with 4 dispensers for Heavy Vehicles, which will serve Ras Laffan Industrial City, and its neighborhood. Ras Laffan petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire 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.

click here for more information

4/17/2021 10:00:00 PM

WOQOD achieves QR 253 million at the end of the First Quarter of the year 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-253-million-at-the-end-of-the-First-Quarter-of-the-year-2021.aspx

Doha, Qatar • 14 April 2021 WOQOD achieves QR 253 million at the end of the First Quarter of the year 2021Qatar Fuel Company, hereinafter referred to as (WOQOD) ‎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 Qatarو including airports and seaports, either by itself or through subsidiary ‎companies "QJET, FAHES & WOQOD Marine", announced that its Board of Directors had held its Second meeting for the year 2021 at 1:30 pm. on Wednesday April 14th 2021 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 facility. The Board discussed the performance of the business operations and the financial results of WOQOD Group for the First Quarter of the year 2021 ended on 31 March 2021, compared to the same results achieved in the corresponding period of the year 2020.WOQOD Group net profit for the period (excluding minority rights) amounted to QR. 253 million, compared to an amount of QR. 226 million achieved in the same period in the year 2020, with an increase of QR. 27 million, representing an increase rate of 12%. The earning per share for the period amounted to QR. 0.25 compared to QR. 0.23 for the same period of last year 2020.The increase in net profit and earnings per share compared to the same period in 2020 was due to the relative increase in sales of petroleum and non-petroleum products, and to a 15% reduction in administrative and general expenditures costs prompted by the implementation of the efficiency and cost optimization policy. As for the company's operations, Mr. Saad Rashid Al Muhannadi, Managing Director and CEO, explained that the First Quarter of 2021 witnessed an increase in diesel sales by 3%, super gasoline sales by 10%, natural gas by 21%, retail fuel sales by 4% and non-petroleum retail sales by 5%, thanks to the opening of several additional fuel stations in the period following the first quarter of 2020. On the other hand, jet fuel sales decreased by 23% compared to the same period in the year 2020, due to the decline in airline activities following the spread of the Corona pandemic and restrictions imposed on many airports around the world. On the other hand, Al Muhannadi explained that during the first quarter of 2021the company opened a new gas station in Al Mearad area, and therefore the total number of stations by the end of the first Quarter 2021 amounted to 107 stations. He explained that the company intends to complete the construction of five (5) more new stations by the end of the fourth quarter of 2021, and further explained that WOQOD has a dynamic plan in the construction of the new stations that is being reviewed periodically according to the conditions of fuels demand and the need for fuel stations.In conclusion, Al-Muhannadi stressed that WOQOD has been closely coordinating and cooperating with all partners in order to implement the official directives issued by the State of Qatar with the aim of combating the spread of the corona "COVID-19" pandemic. He also indicated that WOQOD being the exclusive downstream oil and gas supplier in the State of Qatar responsible for ensuring the continuous supply of petroleum products to all sectors in Qatar, issued and implemented a flexible and effective plan for the continuity of supply operations for those sectors.

WOQOD achieves QR 253 million at the end of the First Quarter of the year 2021

4/13/2021 10:00:00 PM

All News

WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-Opens-Sawdanatheel-2-As-Its-Largest-Ever-Station.aspx

WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station

8/10/2022 10:00:00 PM

612

WOQOD achieves QR 501 million at the end of the First Half of the year 2022

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-501-million-at-the-end-of-the-First-Half-of-the-year-2022.aspx

WOQOD achieves QR 501 million at the end of the First Half of the year 2022.

7/25/2022 10:00:00 PM

611

Eid Al-Adha Holiday 2022 Coverage

https://www.woqod.com/EN/MediaCenter/News/Pages/Eid-Al-Adha-.aspx

Working hours for WOQOD team members during Eid Al-Adha holidays.

Working hours for WOQOD team members during Eid Al-Adha holidays.

7/6/2022 10:00:00 PM

609

Eid Mubarak

https://www.woqod.com/EN/MediaCenter/News/Pages/Eid.aspx

Eid Mubarak

Eid Mubarak

7/6/2022 10:00:00 PM

610

Book An Appointment and Pay for Fahes Inspection with Ease!

https://www.woqod.com/EN/MediaCenter/News/Pages/Pay-For-Fahes-Inspection-With-Ease!.aspx

Pay For Fahes Inspection With Ease!

5/30/2022 10:00:00 PM

558

Sustainability Report -2021

https://www.woqod.com/EN/MediaCenter/News/Pages/Sustainability-Report--2021.aspx

Sustainability Report -2021

5/24/2022 10:00:00 PM

608

EID AL Fitr HOLIDAY 2022 COVERAGE

https://www.woqod.com/EN/MediaCenter/News/Pages/EID-AL-Fitr-HOLIDAY-2022-COVERAGE.aspx

Working Hours of the Customer Credit Support Roaster Team for Eid Al Fitr 2022

4/27/2022 10:00:00 PM

607

WOQOD achieves QR 263 million at the end of the First Quarter of the year 2022

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-263-million-at-the-end-of-the-First-Quarter-of-the-year-2022.aspx

WOQOD achieves QR 263 million at the end of the First Quarter of the year 2022

4/13/2022 10:00:00 PM

604

WOQOD Launches its New Mobile Application.

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-APP.aspx

WOQOD ANNOUNCES THE LAUNCH OF ITS NEW MOBILE APP

3/26/2022 10:00:00 PM

440

WOQOD held its Annual General Assembly Meeting 27 February 2022

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-held-its-Annual-General-Assembly-Meeting-.aspx

Qatar Fuel Company (WOQOD) held its Annual General Assembly Meeting at 6:30 pm on Sunday 27 February 2022 at WOQOD Tower via video conferencing tool (Zoom).

WOQOD held its Annual General Assembly Meeting 27 February 2022

2/27/2022 10:00:00 PM

603

“WOQOD” Opens Ain Khalid -3 New Petrol Station

https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Ain-Khalid--3-New-Petrol-Station-.aspx

"WOQOD" Opens Ain Khalid -3 New Petrol Station

1/30/2022 10:00:00 PM

602

WOQOD achieves QR 974 million at the end of the fiscal year 2021

https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-974-million-at-the-end-of-the-fiscal-year-2021.aspx

WOQOD achieves QR 974 million at the end of the fiscal year 2021.

1/18/2022 10:00:00 PM

601

Filters

CSR

Fuel Prices

Tenders

News

Featured News

All News

Refine