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ADNOC Distribution opens 64 new stations across UAE in 2020

ADNOC Distribution opens 64 new stations across UAE in 2020
ADNOC Distribution opened 62 new convenience stores in 2020

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has inaugurated 64 new stations across the UAE in 2020, including 20 in Dubai.

The company has registered a ten-fold rise in the delivery of new stations, when compared to 2019, according to a press release on Tuesday.

In addition, ADNOC Distribution opened 62 new convenience stores in 2020 and refurbished 100 ADNOC Oasis convenience stores.

The company has also launched 38 'ADNOC On the go' stations across the UAE last year.

As part of its achievements in 2020, the company has entered into a definitive agreement to acquired 15 stations in Saudi Arabia to accelerate its international growth.

It is noteworthy to mention that in September, the board approved to pay out interim cash dividends of AED 1.285 billion or 10.29 fils per share for the first half (H1) of 2020, as part of the full-year 2020 dividend payment of AED 2.57 billion, up 7% from AED 2.39 billion in 2019.