Qatar Fuel’s (Woqod) Board of Directors discussed its estimated budget for the coming fiscal.

The Board of Directors discussed the projected budget for 2015 which includes Capital Expenditure (Capex) and Operating Expenditure (Opex) and approved it , said a bourse filing.

Expenditure on Capex and OPEX have been estimated at approximately QR 1.75bn for the coming fiscal year.

During this year, Woqod will focus on accelerating the process of commissioning 8-12 new petrol stations, 4-6 expansions, 4 new Fahes Centers, 4 new Sidra C-Stores, Bitumen facilities and Gas operations , added the bourse statement.