FINANCIAL NEWS

Sharjah fuel stations face lack of supply

05 Jun 2011

(MENAFN) In the UAE, the third largest oil exporter in the world, some petrol stations are still suffering from a lack of supply, thus they have to turn away customers, reported Emirates 24/7.

Fuel stations in Sharjah, including stations belonging to giants like Eppco and Enoc, suspended operations and closed several stations without indicating a reason.

Back in May, Enoc cited closing its stations to maintenance and equipment upgrading.

It is worth noting that some petrol stations are rationing their fuel to cut costs as a result of high subsidies and shortage of cash.

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