Spain: Fast Fuel to debut its first petrol station in the Canary Islands in 2022
With this opening, Fast Fuel will reach 16 petrol stations in Spain and Portugal. The company has 7 new sites in the pipeline.
Fast Fuel, alow-cost petrol station network in Spain, continues its expansion in Spain with the signing of a contract to open its first petrol station in the Canary Islands, namely in Las Palmas, according to a press release.
With this opening, Fast Fuel will have a total of 16 petrol stations in Spain and Portugal. Fifteen stations are franchised and are located in Madrid, Extremadura, Castilla La Mancha, Castilla y León, Andalusia, Asturias, and now the Canary Islands. In Portugal, the low-cost network operates one site.
Fast Fuel has an expansion plan through the franchise system that plans to double its size in the next two years and open new locations in both Spain and Portugal. To this end, the company already has offices in Lisbon, in addition to its headquarters in Castuera, Badajoz, Spain.
As part of this plan, Fast Fuel is finalising the start-up of three more petrol stations located in Madrid and Andalusia, and plans to begin work shortly on four new stations in Madrid, Valencia and Andalusia.
