Riyadh-Mubasher: Aldrees Petroleum and Transport Services said it is going ahead with its expansion plan through increasing the number of stations and trucks while ensuring the implementation of safety and quality standards.
The company said in 2014 board report that it plans to open 21 stations in 2015 through buying three stations and leasing 18 others.
Aldrees also said it plans to participate in a joint venture with ENOC at a total value of SAR 45 million, adding that a plan was endorsed for the next five years to operate 40 stations with SAR 400 million investments.
The Tadawul-listed firm also said it plans to increase the number of trucks and trailers by 100.
The number of Aldrees stations in Saudi Arabia increased by 1.4% to 478.