Rediff: Shell to retail fuel by year-end
“Anglo-Dutch oil giant Shell will begin auto fuel retailing in India by the end of 2004”
August 16, 2004 14:28 IST
Anglo-Dutch oil giant Shell will begin auto fuel retailing in India by the end of 2004, Shell India Chairman Vikram Singh Mehta said in New Delhi.
Shell has a licence to set up 2000 petrol stations in the country and plans to set up the pumps in phases.
“We will begin rolling out petrol stations from the fourth quarter of 2004 and our first set of retail outlets will be on ground by 2004-end,” Mehta said.
The company is planning 200-250 petrol stations in the first phase but Mehta did not say how many outlets will be selling petrol and diesel by the year-end.