Enoc to expand retail business by 40%

/By Arabian Post Staff/ Emirates National Oil Company (ENOC) plans to increase its retail business by 40 per cent between 2016 and 2020 across its network of service stations in the UAE.

The growth plans include the construction of 54 more stations in Dubai. The expansion will meet ENOC’s long-term strategic objectives which are aligned with the Dubai Plan 2021 of creating a ‘Smart & Sustainable City’ for ‘Happy, Creative & Empowered People’.

The renovated service stations will ensure safety, easier entry and reduced queuing at pumps. In addition to more dispensers, these stations will also have fully-fledged automotive services and retail stores, including ZOOM and Autopro.

The stations will feature new energy saving technologies, such as the use of a photo voltage (PV) solar panels system which will be installed onto the main canopy of the service stations to generate power with the DEWA grid system.

ENOC Retail is currently operating a network of over 112 service stations in Dubai and the Northern Emirates Regionally; ENOC currently has three service stations in Saudi Arabia with plans to build 11 more in 2016.