Emarat Petroleum Company (Emarat) has opened its first branded service station in Yerevan, Armenia, marking a key step in its international expansion strategy and reinforcing the UAE’s goal of strengthening the global presence of national companies.

The station launch follows a strategic partnership signed last year between Emarat and Armenia’s MegaTrade, part of SIL Capital.

It represents Emarat’s first operational presence in the country and builds on its regional business model and operational expertise.

Both companies plan to develop an integrated network of service stations across Armenia in the next phase of expansion.

The stations will operate under Emarat’s global standards, focusing on fuel quality, health, safety and environmental practices, alongside retail and customer services.

Emarat said the project will support sustainable growth, improve operational efficiency in Armenia’s energy sector, and introduce Emirati expertise to new international markets.

Dr Nariman Al Mulla, UAE Ambassador to the Republic of Armenia, said: “Emarat’s expansion into the Armenian market reflects the position UAE national companies have reached and their ability to compete regionally and internationally. This step also embodies the depth of economic relations between the UAE and Armenia, while contributing to the transfer of Emarat’s advanced model in service station management and the energy sector to the Armenian market.”

She added: “The economic agreements between the two countries provide a supportive environment for the growth of UAE companies, while strengthening mutual investments and enabling the transfer of Emirati expertise in the energy sector to international markets, in line with the UAE’s economic development objectives.”

Burhan Al Hashemi, CEO of Emarat, said: “The opening of the company’s first service station in Yerevan represents a new strategic milestone in Emarat’s global expansion journey, reflecting the success of its business model, which is built on long-term partnerships and the transfer of Emirati expertise to promising markets.”

He further said: “This expansion comes as part of Emarat’s vision to strengthen its presence in global markets as a key pillar of its growth strategy. Through this step, we continue to bring our global standards in fuel quality, operational excellence and customer experience to new markets, enhancing the added value delivered by the Emarat brand. We look forward to expanding our network of stations in Armenia in cooperation with our partners, further strengthening the global presence of the Emarat brand and reaffirming its ability to deliver value across different markets.”

Eduard Sukiasyan, Chairman of SIL Capital and shareholder of MegaTrade, said: “Choosing Emarat Petroleum Company as a strategic partner reflects its established expertise in managing service stations in accordance with the highest international standards. We are confident that this partnership will contribute to setting new benchmarks for Armenia’s energy sector and provide consumers with an integrated experience built on quality, efficiency and innovation.” -OGN/TradeArabia News Service