| Important Notice: FAHES 18-03-2020 | <p>Important Notice: FAHES 18-03-2020</p> | Important Notice: FAHES 18-03-2020 | | 3/17/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| A list of WOQOD fuel station with WOQODe prepaid tag installation facility | <p>A list of WOQOD fuel station with WOQODe prepaid tag installation facility</p> | A list of WOQOD fuel station with WOQODe prepaid tag installation facility | | 3/17/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| Postponement of the Ordinary Annual General Assembly Meeting of Qatar Fuel (WOQOD) 2020 | <p></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0in 0in 0pt;"><span style="color:black;"><strong><font face="Calibri" size="3"></font></strong></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="background:white;margin:0in 0in 0pt;text-align:center;text-decoration:underline;"><span style="color:black;"><font face="Calibri" size="3"><strong>Postponement
of the Ordinary Annual General Assembly Meeting of Qatar Fuel (WOQOD) 2020</strong></font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">With reference to the above subject, WOQOD’s Annual
General Assembly Meeting which was scheduled to take place at 4:30 p.m. on
Wednesday 3/18/2020, at the Grand Hyatt Hotel, we would like to inform you that
the hotel management has informed us that the meeting site will not
be available due to the current circumstances regarding the outbreak of the
Coronavirus.</font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">We tried to find another suitable location for the
convening of the AGM but we were unsuccessful in that. Given the limited time,
it was decided to postpone the meeting until further notice.</font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">Yours sincerely,</font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3"> </font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">Ahmad Saif Al-Sulaiti</font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><strong><font color="#000000" face="Calibri" size="3">Chairman of the Board of Directors</font></strong></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font> | Postponement of the Ordinary Annual General Assembly Meeting of Qatar Fuel (WOQOD) 2020 | | 3/16/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| Payment Instructions - Circular | <p><a href="/EN/MediaCenter/News/Documents/Circular-%20English-%20Payment%20Instruction.pdf">Kindly click to download the Payment Instructions - Circular.</a></p> | Kindly click to download the Payment Instructions - Circular. | | 3/14/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| Pay For Fahes Inspection With Ease! | <p></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span class="ms-rteFontSize-4" style="color:#1f497d;"><strong><font face="Calibri">Pay
For Fahes Inspection With Ease!</font></strong></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">WOQOD
announced a new addition to its mobile app that will improve its Vehicle
Inspection service offered to vehicles drivers in Qatar through Fahes.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">The
App’s new feature which is applicable to private vehicle owners (individual)
only, will allow the drivers to pre-register for their vehicles’ inspection,
choose FAHES station of their choice and pay online for the service before they
even reach the station, which will save them from the hassle of long queues.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">The
App will generate a barcode that will be sent to the customers’ mobile phones
and when it is scanned at the registration booth of the inspection station the
driver will proceed for the inspection bay without any delay.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3"> </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:#1f497d;"><font face="Calibri" size="3">WOQOD’s
App is available for both iOS and Android platforms and can be downloaded from
the respective online stores, Google Play and Apple’s App Store.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font> | Pay For Fahes Inspection With Ease! | | 3/7/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| Continuous service award ceremony | <font color="#000000" face="Times New Roman" size="3"><strong></strong><span style="color:black;font-size:12pt;"><font face="Calibri"><strong>WOQOD,FAHES &
Q-JET celebrates its long-serving for their employees.</strong></font></span></font><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri">As part of its
commitment to its employees, WOQOD and it’s subsidiaries have kicked of on
Sunday 23<sup><font color="#000000" size="2">rd</font></sup> FEB.2020 a series of events to celebrate hundreds of its
employees who have completed 5 years and above of continuous contribution to
the company’s success.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri"> </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:0in 0in 0pt;"><span style="color:black;font-size:12pt;"><font face="Calibri">In his opening
speech of the first event, WOQOD’s Managing Director & CEO, Saad Rashid Al
Muhannadi, praised the efforts of these employees and said: “Through the years,
your talents and efforts have proved without a doubt that the most important
resource in any organization is its Human Capital”. He added, “We know you have
worked hard for this accomplishment and we truly appreciate your dedication, so
the certificates that you will be receiving are therefore to acknowledge and
commend your hard work.”</font></span></p><br> | WOQOD,FAHES & Q-JET celebrates its long-serving for their employees. | | 2/23/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| WOQOD and Al Meera joint press statement. | <p><span class="ms-rteFontSize-5" style="color:windowtext;font-family:"times new roman",serif;"><span style="text-decoration:underline;"><font color="#008000" face="Garamond"><strong>WOQOD and Al Meera joint press statement </strong></font></span></span></p><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><font color="#008000" face="Garamond" size="3"><strong> </strong></font></p><font size="3"></font><p style="margin:0in 0in 0pt;line-height:normal;"><span class="ms-rteFontSize-3"><span style="color:windowtext;font-family:"calibri",sans-serif;">Doha, Qatar, 05 February 2020 – Pursuant to a memorandum of understanding (MoU) signed between Qatar Fuel Company (WOQOD) </span><span style="color:windowtext;font-family:"calibri",sans-serif;">and Al Meera Consumer Goods Company (AL MEERA) on 29<sup><font face="Calibri">th</font></sup> July 2019 aimed to explore the possibility of the latter operating and managing the former’s Sidra brand of convenience stores by the 28<sup><font face="Calibri">th</font></sup> of January 2020, the two parties have mutually decided that the interest of their shareholders is best served by focusing on their strategic goals independently. As such, the six-month-long MoU will not be extended. </span></span></p><font class="ms-rteFontSize-3" color="#000000" face="Times New Roman"></font><p style="margin:0in 0in 0pt;line-height:normal;"><span class="ms-rteFontSize-3" style="color:windowtext;font-family:"calibri",sans-serif;">Consequently, the two important national icons will continue to realize the goals of Qatar National Vision 2030 with their own respective approaches.<font face="Calibri"> </font></span></p><font color="#000000"></font><p align="left" style="margin:0in 0in 0pt;text-align:left;line-height:normal;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3"> </font></span></p> | WOQOD and Al Meera joint press statement. | | 2/4/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Al Maamoura New Petrol Station | <p></p><p style="text-align:center;"><strong>"</strong><span lang="EN" style="text-decoration:underline;"><strong>WOQOD" Opens </strong></span><span style="text-decoration:underline;"><strong>Al Maamoura New Petrol Station</strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 04/02/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Maamoura petrol station, on Tuesday 04/02/2020, and by this it raised its network of petrol stations to <strong>105</strong>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open a new petrol station in Al Maamoura. WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD has recently accelerated the process for the construction of new petrol stations to meet the fuel needs of the country. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Maamoura petrol station is spread over an area of 10250 square meters and has 3 lanes with 9 dispensers for light vehicles, which will serve Al Maamoura area, and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Maamoura petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;"> </p><p style="text-align:center;"> </p> | “WOQOD” Opens Al Maamoura New Petrol Station | | 2/3/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Al Mearad-2 New Petrol Station, | <p style="text-align:justify;">Doha – 03/02/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Mearad-2 petrol station, on Monday 03/02/2020, and by this it raised its network of petrol stations to <strong>104</strong>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: "We are pleased to open a new petrol station in Al Mearad-2. WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD has recently accelerated the process for the construction of new petrol stations to meet the fuel needs of the country. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Mearad -2 petrol station is spread over an area of 14850 square meters and has 3 lanes with 9 dispensers for light vehicles, which will serve Al Mearad -2 area, and its neighborhood.</p><p style="text-align:justify;"> </p><p>Al Mearad -2 petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, in addition to sale of gasoline and diesel products for light vehicles</p> | Doha – 03/02/2020. Qatar Fuel “WOQOD” opened Al Mearad-2 petrol station | | 2/2/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| WOQOD Subsidiaries, QJet & FAHES, Attained ISO Certification for the Integrated Management System | The management of WOQOD Subsidiaries, QJet and FAHES received three ISO Certificates for the Integrated Management System (IMS) from an External Certification Body, LRQA during the ISO Certificate Awarding held last 27 January 2020, at WOQOD Tower Auditorium. <p style="text-align:justify;">With the concluded ISO external audit last year, Subsidiaries, QJet & FAHES, have successfully completed the ISO Standards certification for the remaining IMS elements. </p><ul style="list-style-type:disc;"><li>ISO OSHAS 18001:2007 (Occupational Health and Safety Quality Management System) for QJET & FAHES </li><li>ISO 14001:2015(Environmental Management System) for QJET</li></ul><p style="text-align:justify;">This can be considered as a very important milestone for WOQOD Management System, right after the Shared Services for Subsidiaries are implemented as per new organization structure for Subsidiaries last year. ISO Certification means that a management system, business segments, services, and corporate policies and procedures has all the requirements for standardization, implementation and continual improvement. </p><p style="text-align:justify;">Khalid Ahmed Al-Hetmi - WOQOD QHSSE Manager, highlighted during the Awarding Ceremony that .."<em><strong>aligning the existing management system of WOQOD IMS to Subsidiaries is not possible without the hard work and engagement of all team members from both WOQOD Corporate and Subsidiaries to establish and implement the management system in conformance to all the requirements of these ISO Standards."</strong></em></p><p style="text-align:justify;"> Beyond ISO Certification, the Integrated Management System ensures that policies, procedures and requirements are "streamlined, consistently implemented and are effective" in all functions of WOQOD and are cascaded to the subsidiaries and all level of its operations. </p> | WOQOD Subsidiaries, QJet & FAHES, Attained ISO Certification for the Integrated Management System. | | 2/1/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| ANNUAL GENERAL ASSEMBLY MEETING INVITE, BOARD OF DIRECTORS REPORT SUMMARY AND CONSOLIDATED FINANCIAL STATEMENTS | <p><a href="/EN/MediaCenter/News/Documents/Financial%20Statement%20English%202019.pdf">Please click here to download the ANNUAL GENERAL ASSEMBLY MEETING INVITE, BOARD OF DIRECTORS REPORT SUMMARY AND CONSOLIDATED FINANCIAL STATEMENTS.</a></p> | ANNUAL GENERAL ASSEMBLY MEETING INVITE, BOARD OF DIRECTORS REPORT SUMMARY AND CONSOLIDATED FINANCIAL STATEMENTS | | 2/1/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Sealine 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>Sealine New Petrol Station </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 30/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Sealine petrol station, on Thursday 30/01/2020, and by this it raised its network of fixed and mobile petrol stations to <strong>103</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 Sealine. WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD has recently accelerated the process for the construction of new petrol stations to meet the fuel needs of the country. WOQOD team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Sealine petrol station is spread over an area of 12000 square meters and has 3 lanes with 6 dispensers for light vehicles, and one lane with 2 dispensers for heavy vehicles, which will serve Sealine area, and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Sealine petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, in addition to sale of gasoline and diesel products for both light vehicles and heavy vehicles.</p> | "WOQOD" Opens Sealine New Petrol Station | | 1/29/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Rawdat Al Hamama -3 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>Rawdat Al Hamama -3 New Petrol Station</strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong></strong></span></p><p style="text-align:justify;">Doha – 29/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Rawdat Al Hamama -3 Petrol Station on Wednesday 29/01/2020, and by this it raised its network of various petrol stations to <strong>102.</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 Rawdat Al Hamama -3 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;"> </p><p style="text-align:justify;">Rawdat Al Hamama -3 Petrol Station is spread over an area of 12750 square meters and has 3 lanes with 9 dispensers for light vehicles, which will serve Rawdat Al Hamama area and their neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Rawdat Al Hamama -3 Petrol Station 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 "SHAFAF", in addition to sale of gasoline and diesel products for light vehicles.</p> | “WOQOD” Opens Rawdat Al Hamama -3 New Petrol Station | | 1/28/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| WOQOD achieves QR 1,216 million at the end of the fiscal year 2019 | <p></p><font color="#000000" face="Times New Roman" size="3">
</font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><font face="Cambria"><span style="color:windowtext;font-size:11pt;"><strong>Doha, Qatar • 29 January 2020</strong></span><span style="color:windowtext;font-size:11pt;"> </span></font></p><font color="#000000" face="Times New Roman" size="3">
</font><p align="center" style="margin:0in 0in 0pt;text-align:center;line-height:normal;"><span style="color:windowtext;font-family:"garamond",serif;font-size:10pt;"><strong> </strong></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p align="center" style="margin:0in 0in 0pt;text-align:center;"><span style="text-decoration:underline;"><span style="color:windowtext;line-height:150%;font-family:"times new roman",serif;font-size:14pt;"><strong>WOQOD achieves QR 1,216 million at the end of the fiscal year 2019</strong></span></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Qatar Fuel Company,
hereinafter referred to as (WOQOD) <span lang="AR-QA"><font color="#000000" face="Times New Roman"></font></span>or “WOQOD Group” or
“the Group”, with code name “QFLS” on Qatar 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 <span lang="AR-QA"><font color="#000000" face="Times New Roman"></font></span>companies “QJET, FAHES
& WOQOD Marine”<font color="#000000"><font face="Times New Roman"><span lang="AR-QA" dir="RTL">, </span><span lang="AR-QA"><span style=""> </span></span></font></font>announced that its Board of Directors
had held its annual meeting at 1:30 pm. on Wednesday, January 29</font><sup><font color="#000000" face="Times New Roman" size="2">th</font></sup><font size="3"> 2020
at the company’s headquarters located in WOQOD Tower Dafna, Westbay, under the
chairmanship of Mr. Ahmed Saif Al-Sulaiti. The Board discussed the performance
of the business operations and the financial results of WOQOD Group for the
fiscal year ended on December 31, 2019 ,compared to the results achieved in the
year 2018.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">WOQOD net profit for the
year 2019 (excluding minority rights) amounted to QR. 1,216 million, compared
to an amount of QR. 1,160 million achieved in the year 2018, with an increase
of QR. 56 million, representing an increase rate of 4.8%, The earning per share
for the period amounted to QR. 1.22 compared to QR. 1.17 for the last year,
while the Net worth increased by about 4.8% to reach QR. 8.7 billion compared
to QR. 8.3 billion for the year 2018.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The increase in net profit
and earning per share levels compared to last year are attributable to the
increase in sales, combined with the efforts exerted towards cost optimization,
enhancing the <span lang="AR-QA"><font color="#000000" face="Times New Roman"></font></span>capability and efficiency of the Group’s
business activities, reduction of <span lang="AR-QA"><font color="#000000" face="Times New Roman"></font></span>general and administrative
expenses and better investment and cash returns.<span lang="AR-QA"><font color="#000000" face="Times New Roman"></font></span></font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">As a result of the good
profits achieved by the company in the year 2019, and after taking into
consideration the requirements of the current and future projects intended to
be constructed by the company, the Board has issued a recommendation to the
annual shareholders general assembly to be convened on March 18th 2020 to
approve distribution of dividends to shareholders at QR. 0.80 per share.<span style=""><font color="#000000" face="Times New Roman"> </font></span></font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The Board reviewed and
approved the current and future projects that the company intends to establish which
are aimed at supporting the current comprehensive development process in the State
of Qatar. Mr. Saad Rashid Al Muhannadi, WOQOD CEO and Managing Director,
explained that the company managed to double the number of the stations in last
two years i.e. in 2018 and 2019 when compared to stations built during the
first fifteen years of its establishment i.e. from 2002 to 2017. The year 2019
witnessed the completion of 30 petrol stations, most of which are operational,
and the rest are in process of completing governmental procedures and approvals
which are expected to be in operation by the end of the first quarter 2020. The
company has an ambitious plan to raise the number of its stations to approximately
150 by 2022, which will have a positive impact in providing service to citizens
and residents and in enhancing shareholders’ rights. </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The number of stations
that were built in 2019 contributed to raising the WOQOD share in the retail fuel
market to 82% by the end of 2019 compared to 66% in 2018.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">The year 2019 has witnessed
the completion of the bitumen expansion project. The expansion provides an
adequate storage capacity and enhances the ability of WOQOD to increase its
share in the local market, as well to ensure the product availabilities in the
country at appropriate times for customers at competitive prices.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Regarding the company's
operations, the year 2019 witnessed a record high in total fuels sales aggregating
10.5 billion liters, representing a 1.4% growth compared to 2018, wherein super
gasoline sales increased by 4.9%, premium gasoline increased by 1.7%, jet fuel increased
by 6%, bunker fuel increased by 41.7%, LPG increased by 2.3%, and natural gas increased
by 48.5%. On the other hand, the diesel product decreased by 8.3% due to
decrease in the quantities demanded by projects. </font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Retail petroleum sales
recorded a total increase of 24.4%, diesel sales increased by 12.4%, super
gasoline increased by 36.7%, premium gasoline increased by 23.7%, while sales
of non-fuel retail business, including Sidra C-Store sales, achieved a 13.3%
growth. The increase in retail sales was due to the opening of several
additional petrol stations.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">Al Muhannadi explained
that during the year 2019, the company obtained a renewal of its concession for
an additional five years. The Company also issued several policies and
procedures in substantiation of governance and compliance in terms of
transparency, disclosure and enterprise risk management. The company has also,
in order so as to sustain its basic services and enhance its role as an
exclusive downstream oil and gas company, concluded several agreements with
major suppliers, consumers and manufacturers. As an example of those agreements,
a specific reference is made to the agreement signed with Shell to produce lubricating
oils of various types, which are high quality and pure engine oils produced by
Shell utilizing Qatar's base oil and gas-to-liquids technology, where WOQOD
will market the referred oils through a joint brand with Shell.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">On the other hand, Al
Muhannadi <span lang="AR-QA"><font color="#000000" face="Times New Roman"> </font></span>clarified that the board of directors
reviewed the steps that had been taken regarding the candidacy for membership
of the board of directors for the new session, and directed the management to
take the appropriate regulatory formalities before presenting the affair to the
company's annual general assembly scheduled for 18/03/2020.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font><p style="margin:3pt 0in 0pt;"><span style="color:windowtext;font-family:"times new roman",serif;"><font size="3">In conclusion, Al Muhannadi
assured that the company’s management and its board of directors will exert all
efforts to maintain and enhance the service levels and profit status of the
company, to achieve its vision mission and strategic goals as a pioneer downstream
oil and gas company at the regional level and to build a modern,<span style=""><font color="#000000" face="Times New Roman"> </font></span>robust and state-of-the-art petroleum
products distribution sector within the country, in order to keep up 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.</font></span></p><font color="#000000" face="Times New Roman" size="3">
</font> | WOQOD achieves QR 1,216 million at the end of the fiscal year 2019 | | 1/28/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Al Nigyan New Petrol Station (Al Majd Road) | <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 Nigyan New Petrol Station (Al Majd Road)</strong></span><span dir="rtl" style="text-decoration:underline;"> </span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 28/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Nigyan petrol station, on Al Majd Road, on Tuesday 28/01/2020, and by this it raised its network of fixed and mobile petrol stations to <strong>101</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 Nigyan, Al Majd Road. WOQOD aspires to expand its petrol station network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. WOQOD 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;"> </p><p style="text-align:justify;">New Al Nigyan petrol station is spread over an area of 20000 square meters and has 3 lanes with 6 dispensers for light vehicles, and 3 lanes with 6 dispensers for heavy vehicles, which will serve Al Nigyan area, Al Majd Road and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Nigyan petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair for heavy vehicles, in addition to sale of gasoline and diesel products for both light vehicles and heavy vehicles.</p> | "WOQOD" Opens Al Nigyan New Petrol Station (Al Majd Road) | | 1/27/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens New Industrial Area 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>New Industrial Area New Petrol Station, </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 15/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened New Industrial Area petrol station on Wednesday 15/01/2020, and by this it raised its network of various petrol stations to <strong>100.</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 New Industrial 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 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;"> </p><p style="text-align:justify;">New Industrial Area petrol station is spread over an area of 14400 square meters and has 3 lanes with 6 dispensers for light vehicles, and 2 lanes with 4 dispensers for Heavy Vehicles, which will serve New Industrial Area and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Industrial Area petrol station offers round-the-clock services to residents, and includes Sidra convenience store, manual car wash, oil change and tire repair, for heavy vehicles, in addition to sale of gasoline and diesel products for light vehicles and heavy 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 12 new petrol stations, which most of them will be operational in the first quarter of year 2020. </p><p style="text-align:justify;"> </p><p style="text-align:justify;"> </p><p style="text-align:center;"> </p> | “WOQOD” Opens New Industrial Area New Petrol Station | | 1/14/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Umm Al Seneem (Ain Khalid -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>Umm Al Seneem (Ain Khalid -2) New Petrol Station, </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 13/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Umm Al Seneem (Ain Khalid -2) Petrol Station on Monday 13/01/2020, and by this it raised its network of various petrol stations to <strong>99.</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 Umm Al Seneem (Ain Khalid -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 style="text-align:justify;"> </p><p style="text-align:justify;">Umm Al Seneem (Ain Khalid -2) Petrol Station is spread over an area of 20000 square meters and has 3 lanes with 9 dispensers for light vehicles, which will serve Umm Al Seneem / Ain Khalid area and their neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Umm Al Seneem (Ain Khalid -2) Petrol Station 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 "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 13 new petrol stations, which most of them will be operational in the first quarter of year 2020. </p><p style="text-align:justify;"> </p> | "WOQOD" Opens Umm Al Seneem (Ain Khalid -2) New Petrol Station, | | 1/12/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Expansion of Al Hilal 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>Expansion of Al Hilal Petrol Station </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 06/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Expansion of Al Hilal Petrol Station on Monday 06/01/2020, and by this it raised its network of various petrol stations to <strong>98.</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 Expansion of petrol station in Al Hilal. 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;"> </p><p style="text-align:justify;">Al Hilal Petrol Station is spread after expansion over an area of 28700 square meters and has 4 lanes with 12 dispensers for light vehicles, additional to the existing 6 dispensers within 3 lanes, which will serve Al Hilal area and their neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Hilal 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 "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 14 new petrol stations, which most of them will be operational in the first quarter of year 2020. </p><p style="text-align:justify;"> </p> | “WOQOD” Opens Expansion of Al Hilal Petrol Station | | 1/5/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Baaya 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>Baaya New Petrol Station, </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 02/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Baaya Petrol Station on Thursday 02/01/2020, and by this it raised its network of various petrol stations to 97.</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 Baaya. 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;">Baaya Petrol Station is spread over an area of 7400 square meters and has 4 lanes with 8 dispensers for light vehicles, which will serve Baaya area and their neighborhood.</p><p style="text-align:justify;">Baaya Petrol Station offer round-the-clock services to residents, and include Sidra convenience store, in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 15 new petrol stations, which most of them will be operational in the first quarter of year 2020. </p><p style="text-align:justify;"> </p><p style="text-align:justify;"> </p><p style="text-align:center;"> </p> | “WOQOD” Opens Baaya New Petrol Station. | | 1/1/2020 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
| “WOQOD” Opens Al Sailiya -2 New Petrol Station, Expansion of Al Markhiya Petrol Station and two Mobile Petrol Stations at The Pearl & South Al Aamriya. | <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 Sailiya -2 New Petrol Station, </strong></span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong>Expansion of Al Markhiya Petrol Station </strong></span></p><p style="text-align:center;"><span lang="EN" style="text-decoration:underline;"><strong>and two Mobile Petrol Stations at The Pearl & South Al Aamriya </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 01/01/2020. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel "WOQOD" opened Al Sailiya -2 Petrol Station and expansion of Al Markhiya Petrol Station on Wednesday 01/01/2020, in addition to opening two Mobile Petrol Stations at The Pearl and South Al Aamriya, and by this it raised its network of various petrol stations to <strong>96.</strong></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 A Sailiya and expansion of Petrol stations at Al Markhiya. 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;">Al Sailiya -2 Petrol Station is spread over an area of 10000 square meters and has 3 lanes with 9 dispensers for light vehicles, where Al Markhiya Petrol Station is spread after expansion over an area of 5300 square meters and has 3 lanes with 3 dispensers for light vehicles, additional to the existing 4 dispensers with 4 lanes, which will serve Al Sailiya & Al Markhiya respectively and their neighborhood.</p><p style="text-align:justify;">Al Sailiya -2 Petrol Station 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 "SHAFAF", in addition to sale of gasoline and diesel products for light vehicles.</p><p style="text-align:justify;">Al Markhiya Petrol Station 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;">Further, Mr. Al Muhannadi added that WOQOD is currently overseeing the implementation of 16 new petrol stations, which most of them will be operational in the first quarter of year 2020. </p><p style="text-align:center;"> </p> | “WOQOD” Opens Al Sailiya -2 New Petrol Station, Expansion of Al Markhiya Petrol Station and two Mobile Petrol Stations at The Pearl & South Al Aamriya | | 12/31/2019 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
