ADNOC distribution to offer premium fill up service starting 30 June
ADNOC Distribution (ADNOC.AD) will launch its premium service, in which customers are charged a fee for an attendant to refuel their vehicles, starting 30 June 2018 while a self-serve option will also be available. Customers will be charged a fee of AED10 and will benefit from vouchers that can be redeemed against coffee, snacks, car washes, and other services. The company had previously indicated that it expects 40-50% of its customers to use the service.
ADNOC Distribution (AD): AED2.34 as of 26 Jun. 2018, Rating: Buy, TP: AED3.20/share, MCap: USD7,970mn, ADNOCDIS UH/ADNO.AD
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