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Saudi Arabia Fuel Station Market Outlook, 2019-2024 - ResearchAndMarkets.com

December 2, 2019

DUBLIN--(BUSINESS WIRE)--Dec 2, 2019--

The “Saudi Arabia Fuel Station Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.

As of 2018, the Kingdom of Saudi Arabia (KSA) held the second-largest proven oil reserve in the world, after Venezuela.

Saudi Arabia was the largest crude oil producer in 2016. In 2017, the country took a strategic decision of oil production cut, to aid in the increasing crude oil prices, which, in turn, resulted in the country being the second-largest crude oil producer, as of 2018. Moreover, in order to provide impetus to the country’s economy, the economic diversification of Saudi Arabia, which primarily remains dependent on crude oil supply, has become imperative. The Government of Saudi Arabia focused on the development of the downstream sector, with an aim to diversify the country’s economy.

Key Highlights

Market Trends

Increasing Adoption of Alternate Vehicles to Restrain the Market

Competitive Landscape

The fuel station market in Saudi Arabia is highly fragmented, with more than 85% of the market share accounted by small private players in 2018. Some of the leading market players include Tas’helat Marketing Company, Aldrees Petroleum and Transport Services Company, and Naft Services Company.

Key Topics Covered

1 INTRODUCTION

1.1 Scope of Study

1.2 Market Definition

1.3 Study Assumptions

1.4 Study Deliverables

1.5 Research Phases

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET OVERVIEW

4.1 Introduction

4.2 Crude Oil Refining Capacity Forecast to 2024

4.3 Refined Products Production Forecast to 2024

4.4 Motor Gasoline Production Forecast to 2024

4.5 Refined Products Consumption Forecast to 2024

4.6 Fuel Price Analysis

4.7 Number of Fuel Station Analysis

4.8 Government Policies and Regulations

4.9 Recent Trends and Developments

4.10 Market Dynamics

4.10.1 Drivers

4.10.2 Restraints

4.11 PESTLE Analysis

5 COMPETITIVE LANDSCAPE

5.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

5.2 Strategies Adopted by Leading Players

5.3 Company Profiles

5.3.1 Tas’helat Marketing Company

5.3.2 Aldrees Petroleum and Transport Services Company (APTSCO)

5.3.3 Al Osais International Holding Company

5.3.4 Petromin Corporation

5.3.5 Oman Oil Marketing Company (OOMCO)

5.3.6 ADNOC Distribution

5.3.7 Emirates National Oil Co. Ltd. LLC (ENOC)

5.3.8 NAFT Services Co. Ltd.

5.3.9 Saudi Arabian Oil Company (Saudi Aramco)

6 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/rryqpm

View source version on businesswire.com:https://www.businesswire.com/news/home/20191202005900/en/

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KEYWORD: MIDDLE EAST SAUDI ARABIA

INDUSTRY KEYWORD: OTHER ENERGY ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/02/2019 02:56 PM/DISC: 12/02/2019 02:56 PM

http://www.businesswire.com/news/home/20191202005900/en