WOQOD achieves QR 223 million at the end of the First Quarter of the year 2023 | WOQOD achieves QR 223 million at the end of the First Quarter of the year 2023 | https://www.woqod.com/EN/MediaCenter/News/Pages/-WOQOD-achieves-QR-223-million-at-the-end-of-the-First-Quarter-of-the-year-2023.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower%20resized.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><br></p><p style="text-align:center;"><strong> </strong><br><span style="text-decoration:underline;"><strong>WOQOD achieves QR 223 million at the end of the First Quarter of the year 2023</strong></span></p><p>Qatar 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 Qatar, including airports and seaports, either by itself or through subsidiary companies “QJET, FAHES & WOQOD Marine", announced that its Board of Directors had held its Fourth Meeting for the year 2023 at 1:30 pm. on Wednesday April 12<sup>th</sup> 2023 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 2023 ended on 31 March 2023, compared to the same results achieved in the corresponding period of the year 2022.<br>WOQOD Group net profit for the period (excluding minority rights) amounted to QR. 223 million, compared to an amount of QR. 263 million achieved in the same period in the year 2022, with a decrease of QR. 40 million, representing a decrease rate of -15%. The earnings per share for the period amounted to QR. 0.22 compared to QR. 0.26 for the same period of last year 2022. The decrease in net profit and earnings per share compared to the same period in 2022 was driven by the lower sales volumes of Diesel and associated incomes as well as reduction in fuel prices. Improved income from other segments contributed to offset some of the impacts from lower Diesel sales volumes.<br>In respect of petrol station Saad Rashid Al-Muhannadi Managing Director & Chief Executive Officer indicated that the first quarter of 2023 witnessing the construction and operation of two petrol stations.<br>Al Muhannadi also explained that during the first quarter of 2023, the company managed to install 10 electric charging points in 7 petrol stations in coordination with KAHRAMAA, noting that the installation activities of 6 other charging points in three stations as per the approved plan. 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. <br>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.<br>In conclusion, Al-Muhannadi assured that during the coming period, the company intends to work on a set of new initiatives to develop its non-petroleum activities in order to enhance the revenue from this sector, pointing out 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.<br><br></p><p><br><br></p> | WOQOD achieves QR 223 million at the end of the First Quarter of the year 2023 | | 4/11/2023 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
Sustainability Report 2022 | Sustainability Report 2022 | https://www.woqod.com/EN/MediaCenter/News/Pages/Sustainability-Report-2022-.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Sustainablity%20Report2022.jpg?RenditionID=31" width="538" style="BORDER:0px solid;" /> | | | | | | | | <p><br></p><p>Here at WOQOD, we're thrilled to release the tenth edition of our Sustainability Report, which we first published in 2013. It follows the standard established by the GRI (Global Reporting Initiative).</p><p>This Report's scope was determined after thoroughly evaluating the nature and scale of WOQOD's business and its specific sustainability concerns. Considering stakeholder opinions, overall business risks, current sustainability trends, and industry best practices enabled us to establish the material factors most essential to our organization.</p><p><strong><a href="https://woqod-my.sharepoint.com/personal/jkumaravel_woqod_com/_layouts/15/onedrive.aspx?id=/personal/jkumaravel_woqod_com/Documents/Sustainability%20Report%20-%202022/Woqod%20Sustainability%20Report%20-%20Yr.%202022.pdf&parent=/personal/jkumaravel_woqod_com/Documents/Sustainability%20Report%20-%202022&wdLOR=c11366270-4DC4-4DF8-A949-40D8CD69B598&ct=1680772951469&or=Outlook-Body&cid=51A642B3-F527-4BF9-AA77-FB34BB014B54&ga=1">Highlighting Sustainability Report 2022</a></strong></p><ul style="list-style-type:disc;"><li>WOQOD Group's financial performance for the year 2022 improved considerably. The consolidated net income for 2022 amounted to QAR 1070 million, compared to 974 million in 2021, representing a 10 % increase rate. </li></ul><p> </p><ul style="list-style-type:disc;"><li>The year 2022 witnessed an increase of 11% in total fuel sales volume compared to 2021. The increase in sales volumes has led the company to achieve a record of high revenue of 30 billion, which is the highest in the company's history since its inception.</li><li>In 2022, WOQOD signed MoU with Kahramaa to install and operate electric charging units in petrol stations. Initially, the charging units will be installed in sixteen (16) petrol stations and will be extended to other stations in the future.</li><li>In 2022, WOQOD initiated the cross-functional program for the Establishment and Implementation of the Process Safety Management (PSM) System under its strategic purpose and commitment to continuous development.</li></ul><p> </p><ul style="list-style-type:disc;"><li>The "Safer together" campaign launched by QHSSE targets WOQOD contractors and emphasizes reducing the risk of accidents, incidents, and illness in WOQOD working areas. The campaign was successful, and we witnessed</li><li>WOQOD safety performance has continuously improved to achieve lower LTI and TRC frequency rates. In 2022 WOQOD earned the LTIF - 2022 target, i.e., 0.228 against the Target of 0.351</li></ul><p> </p><p>We invite you to find out more in our <a href="https://woqod-my.sharepoint.com/personal/jkumaravel_woqod_com/_layouts/15/onedrive.aspx?id=/personal/jkumaravel_woqod_com/Documents/Sustainability%20Report%20-%202022/Woqod%20Sustainability%20Report%20-%20Yr.%202022.pdf&parent=/personal/jkumaravel_woqod_com/Documents/Sustainability%20Report%20-%202022&wdLOR=c11366270-4DC4-4DF8-A949-40D8CD69B598&ct=1680772951469&or=Outlook-Body&cid=51A642B3-F527-4BF9-AA77-FB34BB014B54&ga=1">Sustainability Report-2022</a>. 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><br></p><p><br><br></p> | Sustainability Report 2022 | | 4/5/2023 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
WOQOD” Opens Gharrafat Al Rayyan New Petrol Station at Education City | WOQOD” Opens Gharrafat Al Rayyan New Petrol Station at Education City | https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD”-Opens-Gharrafat-Al-Rayyan-New-Petrol-Station-at-Education-City-.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Gharrafat%20Al%20Rayyan%20WPS,%20Picture%20-1.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <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>Gharrafat Al Rayyan New Petrol Station </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong>at Education City" </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong> </strong></span></p><p style="text-align:justify;">Doha – 13/03/2023. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Gharrafat Al Rayyan petrol station, at Education City, Sunday 12/03/2023.</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 Gharrafat Al Rayyan, Education 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."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Gharrafat Al Rayyan petrol station is spread over an area of 27300 square meters and has 4 lanes with 12 dispensers for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Gharrafat Al Rayyan 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, Fast Food Drive Thru and sale of LPG cylinders “SHAFAF", in addition to sale of gasoline and diesel products for light vehicles.<br></p><p><br></p> | WOQOD” Opens Gharrafat Al Rayyan New Petrol Station at Education City | | 3/12/2023 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
Annual General Assembly Meeting 2022 | Annual General Assembly Meeting 2022 | https://www.woqod.com/EN/MediaCenter/News/Pages/AGM-2022.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/AGM%202022%20-%20Website%20photo%202.png" style="BORDER:0px solid;" /> | | | | | | | | <p><strong>Qatar Fuel “WOQOD" has held its AGM on 15/02/2023 at the Ritz-Carlton hotel. </strong><br></p> | AGM 2022 | | 2/19/2023 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
WOQOD achieves QR 1,070 million at the end of the fiscal year 2022 | WOQOD achieves QR 1,070 million at the end of the fiscal year 2022 | https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-1,070-million-at-the-end-of-the-fiscal-year-2022.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower%20resized.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><br></p><p style="text-align:center;"><span style="text-decoration:underline;"><strong>WOQOD achieves QR 1,070 million at the end of the fiscal year 2022</strong></span><span lang="AR-QA" dir="rtl" style="text-decoration:underline;"><strong>.</strong></span></p><p>Qatar Fuel Company Q.P.S.C., 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 held its annual meeting at 1:30 PM on Wednesday, January 18<sup>th</sup> 2023, under the chairmanship of Mr. Ahmed Saif Al-Sulaiti. The meeting was held at WOQOD Tower, where the Board discussed and approved – inter alia- the performance of the company's business operations and financial results for the year ended 31 December 2022 <br>Mr. Saad Rashid Al Muhannadi CEO&MD informed the Board that WOQOD Group net profit for 2022 (excluding minority rights) amounted to QR 1,070 million, as compared to an amount of QR 974 million achieved in the year 2021, representing an increase of 10%. Earnings per share for the period amounted to QR 1.08, as compared to QR 0.98 for the past year, while Shareholders Equity increased to reach QR 9.2 billion as compared to QR 9.0 billion for the year 2021. The increase in net profit and earnings per share was attributed to the increase in the volume of sales, in addition to the continuation in implementation of the policy of rationalizing costs and enhancing efficiency.<br>The year 2022 witnessed an 11% increase in total sales volume, as compared to 2021, where retail fuel sales through WOQOD stations increased by 9%, LPG sales increased by 14%, jet fuel increased by 20%, and bunker fuel increased by 27%. The increase in the sale volumes has led the company to achieve a record high revenue of QR 30 billion. <br>The Board reviewed and approved the current and future projects that the company plans to establish, whereby the company has opened 4 APC centers, 8 Sidra Convenience Stores, and 11 new petrol stations, thus increasing the number of operating stations to 126 at end of 2022. Mr. Saad Rashid Al-Muhannadi 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. <br>Mr. Al Muhannadi indicated that WOQOD started the installation of 37 EV chargers at 22 petrol stations in 2022, with charging points already installed in 5 stations, stressing that the EV installation operations will continue at other stations to keep pace with developments in the EV segment, as well as to optimize revenues and utilize infrastructure spread across the State of Qatar. WOQOD also launched its green initiatives in conjunction with the Qatar Vision 2030 for Sustainable Development, where 2 WOQOD stations have been equipped with alternative sources of electricity generation from solar energy, while the works on the third station is progressing rapidly, and the company is planning to expand the project in the future.<br>In consideration of the expansion of the petrol stations construction as mentioned above, the share of WOQOD in the petroleum retail market reached to about 86% in the year 2022. </p><p>Mr. Al Muhannadi further explained that WOQOD has performed all its commitments towards the World Cup in cooperation and coordination with the relevant authorities in the best way through the establishment of many infrastructure and logistical support projects, with all such commitment being performed according to the highest levels and standards of security and safety.<br>Based on the company's profits in 2022 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 15 February 2023, to approve a Dividend distribution to shareholders of QR 0.90 QR per share.</p><p>On the other hand, Mr. Al- Muhannadi indicated that WOQOD Board reviewed the steps taken regarding the membership elections of the Board of Directors for 2023-2025 session, and the list of candidates equals the required four seats and decided to submit the list to the concerned authorities, and to WOQOD General Shareholder Assembly scheduled to be held on 15 February 2023 to declare winning by acclamation or otherwise take the appropriate resolution.<br>In conclusion, Mr. 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 in 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.<br></p><p><br></p> | WOQOD achieves QR 1,070 million at the end of the fiscal year 2022 | | 1/17/2023 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
“WOQOD” Opens Nuaija New Petrol Station | “WOQOD” Opens Nuaija New Petrol Station | https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Nuaija-New-Petrol-Station.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Nuaija.%20WPS,%20Site%20Picture%20-1.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><br></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>Nuaija New Petrol Station</strong></span></p><p style="text-align:justify;">Doha – 10/11/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Nuaija petrol station, at Nuaija Area, on Thursday 10/11/2022.</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 Nuaija 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."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Nuaija petrol station is spread over an area of <strong>2100</strong> square meters and has 2 lanes with 4 dispensers for light vehicles, which will serve Nuaija area, and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Nuaija petrol station offers round-the-clock services to residents, and includes Sidra convenience store, and sale of LPG cylinders “SHAFAF", in addition to sale of gasoline products for light vehicles</p><p style="text-align:justify;"> </p><p style="text-align:justify;">It is worth noting that WOQOD is currently overseeing the implementation of 3 new fuel stations, most of which are expected to be operational before end of the year.<br><br></p><p><br><br></p> | “WOQOD” Opens Nuaija New Petrol Station | | 11/12/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
“WOQOD” Opens Bu Sidra as its 100th Petrol Station | “WOQOD” Opens Bu Sidra as its 100th Petrol Station | https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Bu-Sidra-as-its-100th-Petrol-Station.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Bu%20Sidra%20WPS,%20Picture%20-1.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p style="text-align:justify;">Doha – 20/10/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Bu Sidra petrol station, on Thursday 20/10/2022, to be the 100<sup>th </sup>station in the series of fixed stations that the company opened during its journey.</p><p style="text-align:justify;">WOQOD's Managing Director & CEO, Saad Rashid Al Muhannadi, said: “With the opening of Bu Sidra station, we celebrate an important achievement represented by reaching 100 fixed stations. This confirms once again our commitment to WOQOD's ambitious plans 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.", Mr. Muhannadi has also extended WOQOD's gratitude to all concerned governmental and private entities that contributed to the completion of this project."</p><p style="text-align:justify;"> <br></p><p style="text-align:justify;">The new Bu Sidra petrol station is spread over an area of 6400 square meters and has 3 lanes with 6 dispensers for light vehicles, which will serve the Sidra area and its surroundings.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Bu Sidra petrol station offers round-the-clock services to residents, and includes a Sidra convenience store, and the 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;">It is worth noting that with the opening of Bu Sidra station, the total number of stations opened by WOQOD will be 116, including mobile stations. WOQOD is currently overseeing the implementation of four new fuel stations, most of which are expected to be operational in the fourth quarter of 2022.<br><br></p><p><br></p> | “WOQOD” Opens Bu Sidra as its 100th Petrol Station | | 10/19/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
Warning of fake mails claiming to be from WOQOD | Warning of fake mails claiming to be from WOQOD | https://www.woqod.com/EN/MediaCenter/News/Pages/Warning-of-fake-mails-claiming-to-be-from-WOQOD.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower%20resized.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | <p><br><br></p><p style="text-align:justify;"><strong>Qatar Fuel Company (WOQOD) </strong><strong>would like to remind you and draw your attention to a fraudulent email campaign from unknown sources that invites contractors and suppliers to bid for illegitimate projects of large values, allegedly sent by WOQOD to pay tender fees. </strong></p><p style="text-align:justify;"><strong>WOQOD confirms that such emails cannot in any way be affiliated with it or any of its subsidiaries and should not be regarded as such and requests all contractors and suppliers in Qatar to always pay attention, undertake due diligence before engaging in any such fraudulent email that purports to be from WOQOD and should not provide any information or perform any financial transactions. </strong></p><p><strong>Contractors & suppliers can always identify the fraudulent messages by noting that the email addresses that used to send them do not contain </strong><strong>correct WOQOD domain “@ woqod.com.qa." </strong></p><p><strong>It is also possible to verify the tenders' validity by visiting the relevant page on WOQOD's website www.woqod.com.qa</strong></p><p><br></p> | Warning of fake mails claiming to be from WOQOD | | 10/12/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
WOQOD achieves QR 763 million for the nine-months period ended 30 Sep 2022 | WOQOD achieves QR 763 million for the nine-months period ended 30 Sep 2022 | https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD-achieves-QR-763-million-for-the-nine-months-period-ended-30-Sep-2022.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower%20resized.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower%20resized.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | <p></p><p>Qatar 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 nine-months period ended on 30 September 2022 compared to the financial and operational results for the same period of 2021. The Board has also approved the Group Capital and Operational Budget for the year 2023.</p><p>WOQOD Group's consolidated net profit (attributable to the shareholders of WOQOD) for the period ended 30<sup>th</sup> September 2022 amounted to QR. 763 million, compared to an amount of QR. 691 million achieved for the same period of 2021, showing an increase of QR. 72 million, representing an increase rate of 10.4%. The earning per share for the period amounted to QR. 0.77 per share compared to QR. 0.69 for the same period last year.</p><p>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 volumes that witnessed an increase rate of 13% in conjunction with the economic recovery from the COVD-19 pandemic, coupled with the efforts exerted towards implementing the approved cost optimization policy in the Group's business.</p><p>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 five new petrol stations, bringing the number of stations operated by the company to 122. Further, the company plans to add seven (7) new petrol stations before the end of this year, taking the number of stations to 129. As a result of the increase in petrol stations, WOQOD market share has reached 86% in the retailing of fuel products and this is expected to grow in the upcoming years.</p><p>As part of WOQOD's green initiative in line with Qatar's 2030 vision for sustainability, Mr. Al-Muhannadi emphasized that some of WOQOD newly built petrol stations have been equipped with units to generate electricity from solar energy to cover part of the energy used in such stations, in collaboration with Siraj Energy.</p><p>WOQOD also, in cooperation with the Qatar General Electricity and Water Corporation (KAHRAMAA), is in the process of installing EV Charging Points at 22 petrol stations in order to meet the future requirement of EV segments.</p><p>In conclusion, Al-Muhannadi indicated that WOQOD has taken all necessary measures, and in close coordination and collaboration with Governmental agencies and other stakeholders to ensure all fuel requirements have been met during FIFA 2022 World Cup.<br></p><p><br></p> | WOQOD achieves QR 763 million for the nine-months period ended 30 Sep 2022 | | 10/11/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
WOQOD’s HCM was awarded by Ministry of labors for Qatarization | WOQOD’s HCM was awarded by Ministry of labors for Qatarization | https://www.woqod.com/EN/MediaCenter/News/Pages/WOQOD’s-HCM-was-awarded-by-Ministry-of-labors-for-Qatarization.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/202%2009%2029%20Awarding%20-57.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><span style="color:#0f1419;font-family:"segoe ui", sans-serif;font-size:23.3333px;background-color:#ffffff;">HE Dr. Ali bin Samikh Al Marri, Minister of Labour, honored the human resources managers and employees who were most cooperative with the Ministry in the Job Localization Program in the private sector</span><br><br></p> | WOQOD’s HCM was awarded by Ministry of labors for Qatarization | | 10/2/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
“WOQOD” Opens Al Waab New Petrol Station | “WOQOD” Opens Al Waab New Petrol Station | https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Al-Waab-New-Petrol-Station.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Al%20Waab%20WPS,%20Picture%20-FInal.jpg" style="BORDER:0px solid;" /> | | | | | | | | <p style="text-align:justify;">Doha – 02/10/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Al Waab petrol station, at Al Waab Area, on Sunday 02/10/2022.<br></p><p style="text-align:justify;"> <br></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 Waab 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."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Al Waab petrol station is spread over an area of <strong>4750</strong> square meters and has 3 lanes with 6 dispensers for light vehicles, which will serve Al Waab area, and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Al Waab petrol station offers round-the-clock services to residents, and includes 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;">It is worth noting that WOQOD is currently overseeing the implementation of five (5) new fuel stations, most of which are expected to be operational in the fourth quarter of 2022.</p><p style="text-align:center;">-Ends-<br></p><p><br><br></p> | “WOQOD” Opens Al Waab New Petrol Station | | 10/1/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
“WOQOD” Opens Umm Bab New Petrol Station | “WOQOD” Opens Umm Bab New Petrol Station | https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Umm-Bab-New-Petrol-Station-.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Umm%20Bab%20WPS,%20Picture.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><br><br></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 Bab 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 – 28/09/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Umm Bab petrol station, on Wednesday, September 28, 2022.</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 Umm Bab, 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."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The new Umm Bab petrol station is spread over an area of 14500 square meters and has 3 lanes with 6 dispensers for light vehicles and 3 lanes with 3 dispensers for heavy vehicles and busses, which will serve the Umm Bab and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Umm Bab petrol station offers round-the-clock services to residents and includes Sidra convenience store, manual car wash, oil change and tyre repair, for light vehicles, and the sale of LPG cylinders “SHAFAF", in addition to the sale of gasoline and diesel products for light and heavy vehicles and busses.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">It is worth noting that WOQOD is currently overseeing the implementation of six new fuel stations, most of which are expected to be operational in the fourth quarter of 2022.<br></p><p><br><br></p> | “WOQOD” Opens Umm Bab New Petrol Station | | 9/28/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
“WOQOD” Opens Golf Course New Petrol Station at Education City, “Solar Energy used for generate part of the electrical energy used” | “WOQOD” Opens Golf Course New Petrol Station at Education City, “Solar Energy used for generate part of the electrical energy used” | https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Golf-Course-New-Petrol-Station-at-Education-City,--“Solar-Energy-used-for-generate-part-of-the-electrical---e.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Golf%20Course%20WPS,%20Photo%20-2.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p></p><p style="text-align:justify;">Doha – 15/09/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Golf Course petrol station, at Education City, Thursday 15/09/2022.</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 Golf Course, Education 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."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Golf Course petrol station is spread over an area of 26300 square meters and has 4 lanes with 12 dispensers for light vehicles.</p><p style="text-align:justify;">As part of WOQOD's green initiative in line with Qatar's 2030 vision for sustainability, Golf Course 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)</p><p style="text-align:justify;">Golf Course 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, Fast Food Drive Thru 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;">It is worth noting that WOQOD is currently overseeing the implementation of 7 new fuel stations, most of which are expected to be operational in the second half of 2022.<br></p><p><br></p> | “WOQOD” Opens Golf Course New Petrol Station at Education City, “Solar Energy used for generate part of the electrical energy used” | | 9/20/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
Survey for WOQOD website and mobile app usability | Survey for WOQOD website and mobile app usability | https://www.woqod.com/EN/MediaCenter/News/Pages/Survey-for-WOQOD-website-and-mobile-app-usability.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20APP%20Survey%20Updated%202.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">Dear All,<br style="box-sizing:content-box;"></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">As a key success criteria, it is important to conduct a prerequisite customer survey to enhance and optimize the execution of the new, revamped WOQOD public website and mobile app project.<br style="box-sizing:content-box;"><br style="box-sizing:content-box;"></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">The objective of this survey, is to gain a depth in understanding of different individual end users; personal experience, requirements and impressions for a more effective use of WOQOD website and mobile app. This will serve as an additional insight and opportunity to further improve and make the WOQOD website and mobile app more efficient and effective in providing tangible deliverables to our customers.<br style="box-sizing:content-box;"></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">This quick survey will take less than 10 minutes of your time. Your answers will remain confidential and will only be used as part of an overall survey analysis. Please click the below link to begin the WOQOD website and mobile app usability survey:</p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;"><a href="https://forms.office.com/r/NG2u9BPEns" style="box-sizing:content-box;color:#337ab7;background-color:transparent;"><span style="box-sizing:content-box;font-weight:700;">Website and Mobile Customer Survey 2022</span></a><br style="box-sizing:content-box;"></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">The survey closes at 3pm, 30 Sep 2022.<br style="box-sizing:content-box;"></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">Please do not hesitate to (contact 40217777) for any questions or concerns regarding the survey.<br style="box-sizing:content-box;"></p><p style="box-sizing:content-box;font-family:"architype renner w01 md";font-size:14px;background-color:#ffffff;">Thank you for taking the time to complete this survey.<br></p><p><br></p> | Survey for WOQOD website and mobile app usability | | 9/20/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
“WOQOD” Opens Onaiza -2 New Petrol Station | “WOQOD” Opens Onaiza -2 New Petrol Station | https://www.woqod.com/EN/MediaCenter/News/Pages/“WOQOD”-Opens-Onaiza--2-New-Petrol-Station.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/000000000000000000000000000000000000000000000000Onaiza%20-2%20WPS,%20Picture%20-3.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><br></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>Onaiza -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 – 06/09/2022. As part of WOQOD's ongoing expansion plans to be able to serve every area in Qatar, Qatar Fuel “WOQOD" opened Onaiza -2 petrol station, at Onaiza area, on Tuesday 06/09/2022.</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 second fixed petrol station in Onaiza 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."</p><p style="text-align:justify;"> </p><p style="text-align:justify;">New Onaiza -2 petrol station is spread over an area of <strong>3000</strong> square meters and has 2 lanes with 6 dispensers for light vehicles, which will serve Onaiza area, and its neighborhood.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Onaiza -2 petrol station offers round-the-clock services to residents, and includes Sidra convenience store, in addition to sale of gasoline products for light vehicles.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">It is worth noting that WOQOD is currently overseeing the implementation of 8 new fuel stations, most of which are expected to be operational in the second half of 2022.<br><br></p><p><br><br></p> | “WOQOD" Opens Onaiza -2 New Petrol Station | | 9/6/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station | 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 | <img alt="" src="/PublishingImages/Media%20Gallery/PHOTO-2022-07-28-13-40-43.jpg?RenditionID=31" width="538" style="BORDER:0px solid;" /> | | | | | | | | <p><br></p><p style="text-align:center;"><strong>WOQOD Opens Sawdanatheel 2 As Its Largest Ever Station</strong></p><p style="text-align:center;"><strong> </strong></p><p style="text-align:center;">The station is ready to welcome Qatar's guests to the World Cup and includes units for charging electric vehicles</p><p> <br></p><p>Doha - 11 August 2022</p><p> </p><p>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.</p><p> </p><p>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.</p><p> </p><p>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).<br></p><p>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.<br></p><p>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.<br></p><p>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.<br><br></p><p>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.<br><br></p><p><br></p> | 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 | 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 | <img alt="" src="/PublishingImages/Media%20Gallery/WOQOD%20Tower%20MAIN.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p><br></p><p style="text-align:center;"><strong> </strong><br><strong> </strong><br><strong>Doha, Qatar • 26 July 2022</strong> </p><p style="text-align:center;"><span style="text-decoration:underline;"><strong>WOQOD achieves QR 501 million at the end of the First Half of the year 2022</strong></span></p><p>Qatar 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.<br>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.<br>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.<br>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.<br>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.<br><br></p><p><br><br></p> | 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 | Eid Al-Adha Holiday 2022 Coverage | https://www.woqod.com/EN/MediaCenter/News/Pages/Eid-Al-Adha-.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Finance%20Team%20Members%20-%20Eid%20Al%20Adha%201.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p>Working hours for WOQOD team members during Eid Al-Adha holidays.<br><br></p> | Working hours for WOQOD team members during Eid Al-Adha holidays. | | 7/6/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
Eid Mubarak | Eid Mubarak | https://www.woqod.com/EN/MediaCenter/News/Pages/Eid.aspx | <img alt="" src="/PublishingImages/Media%20Gallery/Instagram%20Post%20Eid%20Al%20Adha%202022.jpg?RenditionID=31" style="BORDER:0px solid;" /> | | | | | | | | <p>Eid Mubarak<br></p> | Eid Mubarak | | 7/6/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |
Book An Appointment and Pay for Fahes Inspection with Ease! | 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 | <img alt="" src="/PublishingImages/Media%20Gallery/WoqodFahes-En.jpg?RenditionID=31" width="200" style="BORDER:0px solid;" /> | | | | | | | | <p style="text-align:justify;">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.</p><p style="text-align:justify;"> </p><p>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.</p><p> <br></p><p>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.</p><p> </p><p>The customer has an option to book the vehicle inspection slot and pay at the inspection center if they wish to do so. </p><p> </p><p>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.<br></p><font color="#000000" face="Times New Roman" size="3">
</font><br> | Pay For Fahes Inspection With Ease! | | 5/30/2022 10:00:00 PM | | | | | | | | | | | | | | | | | | | | | | |