ENOC expands footprint in Sharjah over 7 yrs

Emirates National Oil Company (ENOC) Group has announced plans to widen its presence in the emirate of Sharjah over the next seven years.

The move entails resuming operations at petrol stations in the emirate following a hiatus since June 2011 when the company closed its stations for a month for maintenance then was unable to reopen them after failing to comply with government requirements.

This prompted the Sharjah Executive Council to keep the stations permanently closed, media reported at the time.

ENOC is planning to open five stations in Sharjah in 2019, while its total number of stations is set to grow to 25 over the next five years, Gulf Business reported on Sunday.

In a meeting held on Saturday between ENOC and the Sharjah Economic Development Department (SEDD), ENOC said it was grateful for being granted the permission to resume its activities in the emirate.

SEDD chairman Sultan Abdullah Al Suwaidi received ENOC Group CEO Saif Humaid Al Falasi at the SEDD’s headquarters, where they tackled means of bolstering cooperation in general added to a strategic partnership with SEDD “to optimise the vibrancy of Sharjah’s economy and the importance of its market for the group,” according to Emirates 24/7.

ENOC is “fully committed to eradicating the after-effects of the closure of the stations in the previous period,” the Dubai-based fuel station operator said.

It is worth noting that competitor station operator ADNOC Distribution is also working on enhancing its footprint across the UAE and in Saudi Arabia after it listed its stocks on the Abu Dhabi Securities Exchange (ADX) last year.