Saudi Petromin outlines Its gas stations expansion plans in the Kingdom

26 April 2017

Riyadh – Petromin, the leading lubricants and automotive services company in Saudi Arabia, outlined plans to build 240 gas stations across the Kingdom at the 10^th edition of the Saudi Travel and Tourism Investment Market (STTIM) recently held in Riyadh.

The Saudi Travel and Tourism Investment Market (STTIM) is one of the biggest annual tourism events held in Saudi Arabia, and is attended by industry leaders and public, private, local and international agencies and organizations. Participants present and promote investment opportunities and tourism services and products across the country through a conference and a series of lectures, workshops and training sessions.

Addressing the audience in the Tourism Services Industry Session, Mr. Samir Nawar, CEO of Petromin, said: “Petromin is proud to be leading the way in providing modern gas stations and the highest customer service standards in the Kingdom. It is a major objective for Petromin is to set benchmark quality across the service industry, and to cater to the needs of all residents, pilgrims and other visitors in the Kingdom. Our gas stations have the latest equipment, and each station creating at least 110 jobs, 30% of which are Saudi nationals. Expansion plans go on as we look forward to improving the quality that we deliver across all our service outlets.”

Mr. Samir Nawar added: “To alleviate services of gas stations, strong support is required from all related parties to encourage more organized companies to step in to the service field and provide integrated and elevated services. High lead times can stall the progression of key projects, so further collaboration between concerned stakeholders is needed to simplify and expedite the permitting process.”

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Petromin operates five main business segments: Lubricants Manufacturing & Sales, Quick Lube Change Outlets (Petromin Express), Auto Care Workshops, Fuel Retail Stations and Automotive Dealerships (national dealer for Nissan in KSA). With more than 5,000 employees, Petromin exports its products to over 40 countries in the GCC, Middle East, Africa and Asia.

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About Petromin Corporation:
Petromin Corporation (Petromin) is a leading lubricants and automotive services company in the Middle East and North Africa. Headquartered in the Kingdom of Saudi Arabia, Petromin operates five main business segments: Lubricants Manufacturing & Sales, Quick Lube Change Outlets (Petromin Express), Auto Care Workshops, Fuel Retail Stations and Automotive Dealerships (national dealer for Nissan in KSA). With around 5,000 employees, Petromin exports its products to over 40 countries in the GCC, Middle East, Africa and Asia.

Founded in 1968 and subsequently jointly-owned by US’s ExxonMobil and Saudi Aramco, Petromin was acquired by Advanced Petroleum Services in 2007. Major investment and restructuring has driven the company’s growth and diversification to provide a full range of automotive services.

In the lubricant segment, its core business, Petromin is the market leader in Middle East and North Africa in manufacturing automotive and industrial lubricants and grease. With its state-of-the-art blending plant in Jeddah, and other two plants in Riyadh and Dubai, Petromin provides a world-class products to motorists, and to industrial and government institutions.

Petromin Express offers fast and reliable quick lube change services, backed by its extensive network of service centers that provide unparalleled coverage across Saudi Arabia. With over 680 centers, Petromin Express serves over 10,000 customers per day. Petromin was recently ranked number eight for being the largest express vehicle service networks on a global scale.

Petromin Auto Care is a multi-brand auto-care facilities providing advanced mechanical and electrical repair services through its 16 workshops across Saudi Arabia.

Petromin is one of the qualified companies to develop fuel stations on the highways in Saudi Arabia. Petromin is rapidly expanding its fuel-retailing network with the aim to be a world-class convenience stores and fuel retailing stations, and a global leader in its space in 2020 by having hundreds of modern fuel stations in its network. With a chain of modern and integrated stations in Saudi Arabia, each station includes fuel retailing, Primo convenience stores, Petromin Express quick lube change outlets, fast food outlets, drive-through coffee shops and ATMs.

In the automotive dealership space, Nissan appoints Petromin as its national dealer in Saudi Arabia in March 2016. Nissan-Petromin is rapidly growing and it has now showrooms in different cities for sale of Nissan cars, while many showrooms are under development in various cities of Saudi Arabia. Also, Nissan has authorized hundreds of Petromin Express outlets to provide periodic maintenance to all Nissan vehicles’ users across Saudi Arabia.

About The Saudi Travel and Tourism Investment Market (STTIM)
The Saudi Travel and Tourism Investment Market (STTIM) is one of the biggest tourism events held in Saudi Arabia, where the tourism industry participants, public, private, local, or international agencies, meet in the Kingdom. It involves a large conference, lectures, workshops, training, and sessions to discuss different topics related to Saudi tourism. Also, it includes an exhibition containing several pavilions for local tourism destinations, tourism establishments, specialized institutions and companies, and service providers –like hotels, resorts, airlines. Moreover, the projects and tourism investment opportunities are displayed in the STTIM. It is considered a main destination for businessmen and the persons interested in national tourism. It is heavily visited by citizens and expats who wish to know about the local tourism destinations and the tourism packages provided by the exhibiting companies and establishments.

© Press Release 2017