Qatar Fuel Company “Woqod” (sometimes referred to as “Woqod” or “Woqod Group” or “The Group” and its symbol on the Qatar Stock Exchange “QFLS”), the company authorized under an exclusive franchise to distribute, sell, transport and market refined petroleum products and gas within the State of Qatar) has signed agreements with Qatar Energy to extend the current agreement for the sale and purchase of petroleum products, namely jet fuel, fuel products and liquefied petroleum gas, for another five years ending on 30/09/2028.
Mr. Saad Rashid Al-Muhannadi, CEO and Managing Director of WOQOD, expressed his deep thanks and appreciation for the great confidence that Qatar Energy and the State of Qatar place in WOQOD, and for the continuous and consistent support of WOQOD in the framework of its commitment to distribute petroleum products within the State of Qatar.
He emphasized WOQOD's relentless endeavor to provide its services in accordance with the highest standards, by building a modern distribution system that includes stations and transmission and distribution networks. It will also ensure that WOQOD applies the best standards of security, safety, health and environment.