Petroleum Arrows Company acquires around 24% of the total distribution of petroleum products such as gasoline, diesel and mazut across the country, a source at the company told Amwal Al Ghad.

The company’s contribution in fuel distribution activities grew by 5% in 2019, compared to 18-19% in 2018, the source noted.

Petroleum Arrows is acquiring between 60-65% of butane transportation activities, the source said, adding that the company targets to increase the distribution of ammonia and high-quality propane in 2019.

The company plays an important role in collecting used oil, which it then supplies to refineries that have approvals to recycle these oils.