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ADNOC eyes expansion into Egypt's EV charging, fuel market
ADNOC eyes expansion into Egypt's EV charging, fuel market

Daily News Egypt

time26-02-2025

  • Automotive
  • Daily News Egypt

ADNOC eyes expansion into Egypt's EV charging, fuel market

ADNOC Distribution, the UAE-based fuel and retail company, explores entry into Egypt's electric vehicle (EV) charging market and is in the process of securing the necessary licences, according to CEO Bader Al Lamki. As part of its expansion strategy, the company plans to open its first integrated service station in New Cairo, which will be its largest in Egypt. Additionally, ADNOC Distribution is assessing opportunities to establish new fuel stations in the New Administrative Capital and the North Coast, Al Lamki stated. Expanding beyond traditional fuel distribution, ADNOC Distribution is also looking to grow its aviation fuel supply operations in Egypt, where it currently operates at Cairo and Marsa Alam airports. Investment and Growth Plans Al Lamki highlighted the company's commitment to investing between $250m and $300m across various markets this year, with a goal of establishing 40 to 50 new service stations. ADNOC Distribution began manufacturing lubricants in Egypt at the end of 2024 and aims to further expand into African markets in the near future. The company is also ramping up its EV charging network, increasing from approximately 100 charging points in the UAE last year. Over the next four years, ADNOC Distribution has allocated around $1 billion for investments in Egypt, Saudi Arabia, and the UAE, with an annual budget of $250m. This includes the establishment of 40 to 50 fuel stations across the three countries this year. Currently, ADNOC Distribution operates fewer than 900 fuel stations across Egypt, the UAE, and Saudi Arabia. However, the company plans to increase this number to 1,000 by 2028 while adding over 500 EV charging points. Strengthening Presence in Egypt ADNOC Distribution entered the Egyptian market two years ago by acquiring a 50% stake in TotalEnergies Marketing Egypt. This joint venture manages more than 240 fuel stations across the country and operates in wholesale fuel sales, aviation fuel, and lubricant blending. The company recently announced plans to open its first ADNOC-branded service station in Egypt this year, located in New Cairo. The station will offer fuel supply, retail services, and car care, along with an expanded ADNOC Oasis convenience store. It will be the largest service station in terms of offerings compared to the existing 11 ADNOC Distribution stations in Egypt. Al Lamki emphasized that TotalEnergies Marketing Egypt has started blending ADNOC Voyager lubricants locally for both domestic distribution and export, reinforcing Egypt's role as a regional manufacturing hub. ADNOC Distribution began lubricant production in Egypt in late 2024 through two new production lines at its joint venture plant with Total. The company aims to meet local demand and commence exports after 2025, prioritizing neighbouring markets. Future Expansion Strategy Looking ahead, ADNOC Distribution is exploring expansion opportunities in several African and East Asian countries. While Al Lamki did not specify particular nations, he underscored the company's substantial investment capacity, stating that ADNOC Distribution is prepared to pursue acquisitions where viable opportunities exist. Additionally, the company is aggressively growing its EV charging infrastructure in the UAE, with plans to add 100 new fast-charging points this year. With a strong commitment to expansion, ADNOC Distribution is positioning itself as a key player in Egypt's fuel and EV charging markets while leveraging the country as a hub for lubricant manufacturing and exports.

ADNOC Distribution to launch first flagship service station in Egypt
ADNOC Distribution to launch first flagship service station in Egypt

Zawya

time19-02-2025

  • Business
  • Zawya

ADNOC Distribution to launch first flagship service station in Egypt

Abu Dhabi: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) is set to open its first flagship service station in Egypt during 2025, according to a press release. Located in New Cairo, the new station will feature an expanded ADNOC Oasis convenience store and offer a wide range of automotive services compared to the existing 11 ADNOC-branded stations operating in the country. ADNOC Distribution and TotalEnergies Mark celebrated two years of TEME joint venture in Egypt on the sidelines of the Egypt Energy Show (EGYPES) event. The joint venture (JV) is focused on expanding its presence in Egypt's aviation fuel market, anchoring the country's role as a transport and tourism hub in North Africa and beyond. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said: ' The ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving value-accretive growth. Egypt, with its significant economic potential, is a key part of our growth journey.' Thomas Strauss, Managing Director and Country Chair of TotalEnergies Marketing Egypt, said: "We recognise the immense potential of the Egyptian market and are committed to fostering sustainable growth." In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt (TEME), creating a JV that operates more than 240 fuel retail sites across Egypt. The ADX-listed group recently unveiled robust performance in 2024 from higher operations in Saudi Arabia and Egypt, posting revenues valued at AED 35.45 billion. Source: Mubasher

ADNOC Distribution and TotalEnergies Mark Two-Year Anniversary of TEME Joint Venture in Egypt - Middle East Business News and Information
ADNOC Distribution and TotalEnergies Mark Two-Year Anniversary of TEME Joint Venture in Egypt - Middle East Business News and Information

Mid East Info

time19-02-2025

  • Business
  • Mid East Info

ADNOC Distribution and TotalEnergies Mark Two-Year Anniversary of TEME Joint Venture in Egypt - Middle East Business News and Information

Milestone underscores progress of ADNOC Distribution's regional expansion strategy as TEME operations support economic growth in Egypt ADNOC Distribution to open first flagship service station in Egypt this year, offering enhanced retail and automotive services. Blended locally by TEME in Egypt, ADNOC Voyager lubricants will soon be available through independent distributors for the first time, expanding their reach beyond ADNOC Distribution stations. Cairo, Egypt –February 2025: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST) and TotalEnergies are celebrating two years of successful partnership in Egypt at this year's Egypt Energy Show (EGYPES) with a co-branded booth that showcases the partnership's role in strengthening Egypt's energy infrastructure. In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt (TEME), creating a joint venture that operates over 240 fuel retail sites across Egypt and includes wholesale, aviation fuel and lubricant blending operations. The acquisition facilitated the entry of ADNOC's retail fuel and Oasis convenience store brands to the Egyptian market. Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said: 'The ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving value-accretive growth. Egypt, with its significant economic potential, is a key part of our growth journey. We're proud to deliver innovative solutions and exceptional customer experiences that align with our long-term vision for regional leadership.' Thomas Strauss, Managing Director & Country Chair of TotalEnergies Marketing Egypt, said: 'This partnership underscores our mutual dedication to strengthening Egypt's energy solutions. We recognize the immense potential of the Egyptian market and are committed to fostering sustainable growth.' ADNOC Distribution is set to open its first flagship service station in New Cairo this year, featuring an expanded ADNOC Oasis convenience store and offering a broader range of automotive services compared to the existing 11 ADNOC-branded stations operating in the country. The new station will join ADNOC Distribution's existing flagship stations in Abu Dhabi and Dubai, exemplifying the Company's commitment to industry-leading customer experiences. ADNOC's Voyager lubricants are blended locally in Egypt by TEME for both domestic sales and global exports, showcasing Egypt's growing potential as an export-focused manufacturing hub. Later this year, Voyager lubricants will also be available through independent Egyptian distributors, expanding the brand's reach beyond ADNOC Distribution service stations. Looking ahead, TEME is focused on expanding its presence in Egypt's aviation fuel market this year, a key sector driven by the country's role as a transport and tourism hub in North Africa and beyond. As ADNOC Distribution and TotalEnergies celebrate two years of successful collaboration in Egypt, both companies remain committed to supporting the nation's energy needs, fostering economic growth, and delivering world-class services. By continuing to expand its retail network and invest in local manufacturing, TEME is positioned to be a key player in Egypt's energy landscape, supporting economic growth and sustainability in the years ahead. About ADNOC Distribution: ADNOC Distribution is a leading mobility retailer in UAE. The Company has been providing energy for customers' journeys since 1973. Since this time, the Company has continuously been at the forefront of providing the best in customer service. Today, ADNOC Distribution enables, enhances, and energizes every customer journey thanks to digitally enabled, innovative customer experiences and high-quality non-fuel retail products. The Company operates service stations in all seven emirates in its home country, plus Saudi Arabia and Egypt, and sells lubricants in 46 countries across the world via distributors. Now in its 51st year, ADNOC Distribution has 896 service stations, 551 in the UAE, 70 in Saudi Arabia (in addition, 30 stations have been contracted and under development), and 245 in Egypt. As a non-fuel retail leader in the UAE, it operates 373 ADNOC Oasis convenience stores, 35 vehicle inspection centers, and other leading services spanning car wash, lube change, and EV charging. The Company is also the leading marketer and distributor of fuels to commercial, industrial, and government customers throughout the UAE. All figures as of 31 December 2024. ADNOC Distribution aims to be the global mobility retailer of choice, enabler of sustainable mobility, and provider of exceptional customer experiences. About TotalEnergies Marketing Egypt: TotalEnergies Marketing Egypt (TEME) is a 50/50 joint venture between TotalEnergies Marketing Egypt, a subsidiary of the multinational broad energy company TotalEnergies SE, and the Abu Dhabi National Oil Company (ADNOC) for Distribution, a leading fuel distribution company in the Middle East. Combining the global expertise of two energy leaders, TEME drives innovation and growth in Egypt's energy sector. Operating across the Retail, Aviation Fueling, Lubricants Sales, and General Trade businesses, TEME manages an extensive network of more than 240 service stations nationwide, including 11 fully branded ADNOC stations—the first of their kind in Egypt. With a workforce of over 1,500 employees, TEME is dedicated to operational excellence, sustainability, and delivering superior customer experience, while ensuring the safety of its industrial sites and the well-being of people.

UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025 - Energy
UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025 - Energy

Al-Ahram Weekly

time18-02-2025

  • Business
  • Al-Ahram Weekly

UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025 - Energy

UAE's energy giant ADNOC Distribution plans to open a new state-of-the-art service station in New Cairo in 2025, featuring an expanded ADNOC Oasis convenience store and a broader range of automotive services. ADNOC made the announcement on Tuesday during Egypt's largest Energy Show, EGYPES 2025, held from 17 to 19 February at Al-Manara International Conference Centre in New Cairo. Key players in the energy sector worldwide are participating in this event. Founded in 1971, ADNOC is a leading diversified energy group owned by the Abu Dhabi Government. The announcement coincided with ADNOC Distribution and TotalEnergies' celebration of the second anniversary of their successful joint venture in TotalEnergies Marketing Egypt (TEME). The new station will complement the 11 existing ADNOC-branded stations in the country, reflecting the company's commitment to providing industry-leading customer experiences. Additionally, ADNOC's Voyager lubricants, blended locally by TEME, will soon be available through independent distributors, expanding their reach beyond ADNOC Distribution stations. ADNOC stressed that this move highlights Egypt's growing potential as an export-focused manufacturing hub. Meanwhile, TEME aims to enhance its future presence in Egypt's aviation fuel market, capitalizing on its strategic role as a transport and tourism hub in North Africa and beyond. Both companies reaffirmed their commitment to supporting Egypt's energy needs, fostering economic growth, and delivering world-class services. Through continued expansion of its retail network and investments in local manufacturing, TEME is positioned to play a vital role in Egypt's energy landscape, promoting sustainability and economic development in the future. A journey of success! In 2023, ADNOC Distribution acquired a 50 percent stake in TEME, which operates over 240 fuel retail sites nationwide and has wholesale, aviation fuel, and lubricant blending operations. This acquisition enabled ADNOC to introduce its retail fuel and Oasis convenience store brands to the Egyptian market. 'The ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving growth. Egypt's significant economic potential is a key part of our journey, and we are proud to deliver innovative solutions and exceptional customer experiences aligned with our vision for regional leadership,' said Bader Saeed Al Lamki, CEO of ADNOC Distribution. 'This partnership underscores our mutual dedication to strengthening Egypt's energy solutions. We recognize the immense potential of the Egyptian market and are committed to fostering sustainable growth,' according to Thomas Strauss, managing director and country chair of TEME. Short link:

ADNOC Distribution and TotalEnergies mark two-year anniversary of TEME joint venture in Egypt
ADNOC Distribution and TotalEnergies mark two-year anniversary of TEME joint venture in Egypt

Zawya

time18-02-2025

  • Business
  • Zawya

ADNOC Distribution and TotalEnergies mark two-year anniversary of TEME joint venture in Egypt

ADNOC Distribution to open first flagship service station in Egypt this year, offering enhanced retail and automotive services. Blended locally by TEME in Egypt, ADNOC Voyager lubricants will soon be available through independent distributors for the first time, expanding their reach beyond ADNOC Distribution stations. Cairo, Egypt – ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST) and TotalEnergies are celebrating two years of successful partnership in Egypt at this year's Egypt Energy Show (EGYPES) with a co-branded booth that showcases the partnership's role in strengthening Egypt's energy infrastructure. In 2023, ADNOC Distribution acquired 50% of TotalEnergies Marketing Egypt (TEME), creating a joint venture that operates over 240 fuel retail sites across Egypt and includes wholesale, aviation fuel and lubricant blending operations. The acquisition facilitated the entry of ADNOC's retail fuel and Oasis convenience store brands to the Egyptian market. Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said: 'The ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving value-accretive growth. Egypt, with its significant economic potential, is a key part of our growth journey. We're proud to deliver innovative solutions and exceptional customer experiences that align with our long-term vision for regional leadership.' Thomas Strauss, Managing Director & Country Chair of TotalEnergies Marketing Egypt, said: "This partnership underscores our mutual dedication to strengthening Egypt's energy solutions. We recognize the immense potential of the Egyptian market and are committed to fostering sustainable growth." ADNOC Distribution is set to open its first flagship service station in New Cairo this year, featuring an expanded ADNOC Oasis convenience store and offering a broader range of automotive services compared to the existing 11 ADNOC-branded stations operating in the country. The new station will join ADNOC Distribution's existing flagship stations in Abu Dhabi and Dubai, exemplifying the Company's commitment to industry-leading customer experiences. ADNOC's Voyager lubricants are blended locally in Egypt by TEME for both domestic sales and global exports, showcasing Egypt's growing potential as an export-focused manufacturing hub. Later this year, Voyager lubricants will also be available through independent Egyptian distributors, expanding the brand's reach beyond ADNOC Distribution service stations. Looking ahead, TEME is focused on expanding its presence in Egypt's aviation fuel market this year, a key sector driven by the country's role as a transport and tourism hub in North Africa and beyond. As ADNOC Distribution and TotalEnergies celebrate two years of successful collaboration in Egypt, both companies remain committed to supporting the nation's energy needs, fostering economic growth, and delivering world-class services. By continuing to expand its retail network and invest in local manufacturing, TEME is positioned to be a key player in Egypt's energy landscape, supporting economic growth and sustainability in the years ahead. Note: The TEME joint venture was ADNOC Distribution's second international expansion following its successful entry into the Saudi Arabian market in 2018. -Ends- For media, please contact: ADNOC Distribution: media@ TotalEnergies Egypt : presse@ About ADNOC Distribution: ADNOC Distribution is a leading mobility retailer in UAE. The Company has been providing energy for customers' journeys since 1973. Since this time, the Company has continuously been at the forefront of providing the best in customer service. Today, ADNOC Distribution enables, enhances, and energizes every customer journey thanks to digitally enabled, innovative customer experiences and high-quality non-fuel retail products. The Company operates service stations in all seven emirates in its home country, plus Saudi Arabia and Egypt, and sells lubricants in 46 countries across the world via distributors. Now in its 51st year, ADNOC Distribution has 896 service stations, 551 in the UAE, 70 in Saudi Arabia (in addition, 30 stations have been contracted and under development), and 245 in Egypt. As a non-fuel retail leader in the UAE, it operates 373 ADNOC Oasis convenience stores, 35 vehicle inspection centers, and other leading services spanning car wash, lube change, and EV charging. The Company is also the leading marketer and distributor of fuels to commercial, industrial, and government customers throughout the UAE. All figures as of 31 December 2024. ADNOC Distribution aims to be the global mobility retailer of choice, enabler of sustainable mobility, and provider of exceptional customer experiences. To find out more, visit About TotalEnergies Marketing Egypt: TotalEnergies Marketing Egypt (TEME) is a 50/50 joint venture between TotalEnergies Marketing Egypt, a subsidiary of the multinational broad energy company TotalEnergies SE, and the Abu Dhabi National Oil Company (ADNOC) for Distribution, a leading fuel distribution company in the Middle East. Combining the global expertise of two energy leaders, TEME drives innovation and growth in Egypt's energy sector. Operating across the Retail, Aviation Fueling, Lubricants Sales, and General Trade businesses, TEME manages an extensive network of more than 240 service stations nationwide, including 11 fully branded ADNOC stations—the first of their kind in Egypt. With a workforce of over 1,500 employees, TEME is dedicated to operational excellence, sustainability, and delivering superior customer experience, while ensuring the safety of its industrial sites and the well-being of people. For more Information, visit

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