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Woqod expects to commission four new petrol stations in Qatar this year, the company said yesterday. |
The four petrol stations are currently under construction Al Wajba, Al Jumailieh, Al Thakheera and Al Wakrah, Woqod CEO Ibrahim Jaham al-Kuwari said after a meeting of the company’s Board of Directors yesterday.
He said Woqod was currently involved in the implementation of more than 35 projects, 14 of which are progressing and the others in the “design, tendering and approval” stages.
Five expansion projects for existing petrol stations are currently taking place at Al Thayen, Industrial Area, Al Hilal, Muaither, and Bu-Fasila. Completion is expected by end-2014.
Another five expansion projects are in the tendering stages and approval procedures. They are expected to be completed by end-2014 or early 2015.
Two vehicle inspection centres (Fahes) will be inaugurated at Al Mamoura and Wadi Al-Banat in due course.
The Al Mamoura project is already completed and tested.
“Formal inauguration will take place at any time once the pending issues related to software and connection facilities are finalised with the Traffic Department,” Woqod said.
The Wadi Al Banat Inspection Centre project has also been completed and equipped. It will be commissioned once the pending issues are resolved, Woqod said without giving further details.
He said the LPG sales grew by 8% and the number of cylinders refilled and sold reached 1.3mn units (for metal cylinders) and 315,000 for Shafaf in the first quarter of 2014.
Woqod has signed a contract with Ashghal to supply ‘Bitumen 60/70’ and modified (Polymer) to its contractors.
Woqod will invest about QR65mn for increasing storage and distribution capacity of bitumen, including purchasing a new ship for the purpose. This will result in a “dramatic increase” in the sales of bitumen in the coming period.
Meanwhile, Woqod is continuing its technical co-operation with Texas A&M University on improving bitumen for road and other project purposes.
The total sales of petroleum products (diesel, gasoline and jet fuel) reached 1.64mn liters in the first quarter of this year, up 9.5% on the same period in 2013. Woqod also provides diesel tank lease and diesel transport vehicles (with driver) services to both business and individuals.
The board meeting was presided over by Sheikh Saoud bin Abdulrahman al-Thani. The Woqod board decided to “postpone the discussion and approval of the financial statements for the first quarter 2014” to April 29.
