Shell to re-enter Sri Lankan market after 60 years
Sri Lanka, March 31 -- The Shell brand will re-enter the Sri Lankan fuel retail market later this year after signing a retail brand licence agreement with RM Parks (Pvt) Limited. Shell left Sri Lanka in the 1960s after the fuel industry was nationalised.
RM Parks is a partnership of the Tristar Group, a fully integrated energy logistics business serving the downstream oil and gas industry. The company is set to rebrand a network of 150 retail fuel stations across the country.
Global Executive Vice President of Shell Mobility, Istvan Kapitany said, "This collaboration with RM Parks and Tristar is a great example of how we are bringing Shell's quality products and services to new markets and helping fuel retailers and entrepreneurs to gro...
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