Saudi Arabia to build 230 petrol stations

Petromin Corporation of Saudi Arabia is planning to invest nearly 2.5 billion riyals (666 million dollars) to build 230 petrol stations in the next few years, a newspaper in the largest Arab economy reported on Thursday.

The project will be executed until 2020 and is intended to face rising domestic demand for petrol and lubricants and create jobs for Saudis, the Arabic language daily 'Aleqtisadiah' said, quoting Petromin’s CEO Samir Nowar.
 
"We have allocated 2.5 billion riyals for the project. 20 of those stations are currently underway and will be ready before the end of the year," he said.

He said the stations would be constructed in various parts of Saudi Arabia and that they would be operated by Petromin.

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