Enoc, Adnoc ink deal to transfer 25 fuel pumps

Emirates National Oil Company (Enoc) has signed an agreement with Adnoc Distribution for the transfer of 25 non-operational service station facilities in Sharjah to Adnoc Distribution’s network.

At a ceremony held in Dubai, Saeed Khoory, CEO of Enoc, signed the agreement with Abdulla Salem Al Dhaheri, CEO of Adnoc Distribution.

Under the agreement, Adnoc Distribution will conduct the preliminary evaluation and overhaul of the 25 service stations in a phased manner. After this, Adnoc Distribution will begin rebranding the sites and then commence operations of the service stations under its own network.

Saeed Khoory said: “Through this strategic agreement, we are transferring for free our non-operational sites in Sharjah to Adnoc Distribution. The optimal use of these assets will benefit Adnoc Distribution in reducing the load of their existing network in the emirate.”

Abdulla Salem Al Dhaheri said: “We express our deep appreciation to Enoc for the transfer of their non-operational service station facilities in Sharjah. The agreement validates the excellent coordination and synergy shared by the two stakeholders. At Adnoc Distribution, we are always keen to develop sustainable synergies.”

The sites that are being transferred to Adnoc Distribution are located at various areas across Sharjah.

 

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