Qatar Fuel Company Q.P.S.C.,

d/b/a A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

WOQOD, is a

Qatar Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Geography of Qatar, Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares Qatar–Saudi Arabia border, its sole land b ...

i oil and gas company focused on the distribution and sale of refined

petroleum product Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. Mos ...

s supplied by

QatarEnergy QatarEnergy (), formerly Qatar Petroleum (QP), is a state-owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President and CEO is S ...

. It is the only fuel retailer in Qatar and is publicly listed on the Qatar Stock Exchange. As of Jan 2022, the company maintained 112

filling station A filling station (also known as a gas station [] or petrol station []) is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline (or petrol) and diesel fuel. Fuel dispensers are used to ...

s throughout the country. Aside from filling stations, the company operates vehicle workshops, tire stations and convenience stores. The company also has numerous subsidiaries.

History

Qatar Fuel was formally created by virtue of Emiri decree no. 5 issued on 10 February 2002. Its assets were transferred from

's subsidiary National Oil Distribution Company (NODCO), which managed a refined petroleum product supply depot in

Abu Hamour Abu Hamour () is a Qatar, Qatari district in the municipality of Al Rayyan. Known to some as the "Wholesale Market District", it is a part of the Doha Doha Metropolitan Area, Metropolitan Area. Etymology In Arabic language, Arabic, "abu" translat ...

. In 2009, Qatar Fuel established a

liquefied petroleum gas Liquefied petroleum gas, also referred to as liquid petroleum gas (LPG or LP gas), is a fuel gas which contains a flammable mixture of hydrocarbon gases, specifically propane, Butane, ''n''-butane and isobutane. It can also contain some ...

plant in Doha's Industrial Area. During an Extraordinary General Assembly held in June 2018, the company made the decision to increase non-Qatari ownership to 49% in order to attract investments. A budget of QR 634 million was allocated for 2018 to be earmarked for the construction of new filling stations and the development of currently existing ones. According to company officials, plans are in place to install 88 filling stations by the end of 2018 with a total of 100 by 2020.

Shipping

The company is involved in shipping

bitumen Bitumen ( , ) is an immensely viscosity, viscous constituent of petroleum. Depending on its exact composition, it can be a sticky, black liquid or an apparently solid mass that behaves as a liquid over very large time scales. In American Engl ...

. In 2014, the company reached an agreement with

Ashghal Ashghal () is the Public Works Authority of Qatar headquartered in Al Dafna, Doha. Ashghal was established based on the Emiri Decree issued by the Emir Sheikh Hamad bin Khalifa Al Thani on 20 January 2004, as an autonomous body to design, deli ...

(The Public Works Authority) to import 130,000 tonnes to be used in construction works. At the time the agreement was reached, Qatar Fuel had two bitumen tankers, with an additional $6 million ship being purchased in November 2014.

Sidra stores

Beginning in 2006, Qatar Fuel has opened several convenience stores under the name Sidra. The company maintains upwards of 30 Sidra convenience stores, the majority of which are associated with filling stations. In 2014, following a general assembly meeting, it was announced that Qatar Fuel had begun the process of upgrading all of its Sidra stores into supermarkets.

Subsidiaries

Among the company's subsidiaries are Qatar Jet Fuel Company (Q-JET), WOQOD Vehicle Inspection (FAHES), WOQOD Marine Services and WOQOD International for Foreign Investment.

FAHES

Qatar Fuel operates vehicle inspection centers under its FAHES brand. Vehicle inspection services were initially offered since 2003 at the FAHES center in the Industrial Area of Doha. The first FAHES center outside the Industrial Area was opened in

Wadi Al Banat Wadi Al Banat () is a district in Qatar, geographically located in the municipality of Al Daayen Al Daayen ( Romanization of Arabic, Wehr: also spelled as Wehr: is a Municipalities of Qatar, municipality in Qatar. Most of the urban landsc ...

in December 2014, with the second center coming in January 2015 in

Mesaimeer Mesaimeer () is a Qatari district in the municipality of Al Rayyan. Located south-west of Doha, it shares borders with the Doha Industrial Area to the east, Umm Al Seneem, Abu Hamour and Al Mamoura to the north-west, Al Thumama to the east, and ...

References

{{Use dmy dates, date=July 2018 Oil and gas companies of Qatar Qatari brands Automotive fuel retailers Energy companies established in 2002 Non-renewable resource companies established in 2002 Companies based in Doha Qatari companies established in 2002 Retail companies established in 2002 Companies listed on the Qatar Stock Exchange