Market & Company Research Store > Details

Year: 2012

Contents: 5 pages

Country: United Arab Emirates

Sector: Downstream (Energy)

ADNOC Distribution to Acquire 74 Fuel Stations from Emarat - Emarat to Hand Over Fuel Stations to Reduce Losses Due to Subsidized Retail Fuel Prices – Deal Analysis from GlobalData

Summary

ADNOC Distribution, a distributor of petroleum products and a subsidiary of Abu Dhabi National Oil Company (ADNOC), agreed to acquire 74 fuel stations from Emirates General Petroleum Corporation (Emarat), a supplier of liquefied petroleum gas.

Scope

- Rationale behind Emarat transfering the fuel stations to ADNOC
- Geography Covered- UAE

Reasons to buy

- Develop a sound understanding of Emarat's plan of transfering the fuel stations to ADNOC
- Rationale behind acqusition of the fuel stations by ADNOC

Keywords

Subsidy, ADNOC, Emarat, Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah
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