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UAE’s ADNOC Distribution signs exclusive fuel deal with Cars Taxi

For the next five years, ADNOC Distribution will be the only supplier of fuel and lubricants for Cars Taxi’s 3,000-plus strong fleet in the country

by Varun Godinho

December 13, 2021

The UAE’s largest fuel and convenience retailer, ADNOC Distribution, has signed an exclusive partnership with Cars Taxi.

As a result of the five-year deal, ADNOC Distribution will become the only supplier of fuel and lubricants for Cars Taxi’s 3,000-plus strong fleet in the country.

The contract will supply all Cars Taxi vehicles with fuel and ADNOC Voyager lubricant, including the premium range Voyager Gold 5W-40 SN.

ADNOC Distribution’s fuel and lubricants are made with Murban crude oil. ADNOC Voyager is manufactured using ADNOC’s high quality Group III base oil, ADbase, which is produced by ADNOC Refining using Murban.

The high Viscosity Index (VI) of ADbase makes it an ideal lubricant component, ensuring efficiency and fuel economy for high performance engines, whilst meeting stringent environmental regulations.

“As one of the UAE’s largest taxi franchises, our relationship with such a respected business is testament to our ability to deliver quality and reliable products that align to the very ethos of Cars Taxi’s purpose-led philosophy,” said Bader Saeed Al Lamki, CEO of ADNOC Distribution.

ADNOC Distribution recently announced furthering its commitment to international expansion with the signing of two new distributors for ADNOC Voyager lubricant in Angola and the Democratic Republic of the Congo. The contracts will supply a full range of Voyager lubricants, with confirmed volumes of 1,500,000 liters, and signify the company’s market entry into Africa. ADNOC Voyager is now available in 19 countries across three continents.

ADNOC Distribution has seen significant product growth in international markets including a distribution network spanning Asia, North and East Africa, the Commonwealth of Independent States (CIS) as well as the Middle East region.

ADNOC Distribution reported a net profit of Dhs1.7bn for the first nine months of 2021, while its earnings before interest, taxes, depreciation, and amortisation (EBITDA) equalled Dhs2.3bn.

Read: Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021