Shell's response to The Sunday Times article 'China oil giant enters S'pore petrol station business'
Oct 01, 2017
A front page article titled "China oil giant enters S'pore petrol station business" in The Sunday Times published on 1 October 2017 quoted an unnamed senior oil executive saying that Shell may sell or lease 10-15 stations to Sinopec.
These statements are speculative in nature and to date, have not been verified with or confirmed by Shell Singapore. We are committed to invest and grow our retail business in Singapore and Singapore is a strategic country for Shell. Our network of 57 stations is undergoing a transition to the Shell Select convenience brand. We are improving station offerings to ensure we make life's journeys better for all customers in Singapore and to build sustainability into our operations. We are firmly anchored to this plan.