Shell to double petrol stations in Russia
Royal Dutch Shell plans to double the number of its petrol stations in Russia to 450, says Sergey Starodubtsev, the director-general of Shell Neft, the company's Russian subsidiary.
The company's current 227 petrol stations are concentrated in Moscow, St Petersburg and a few other regions, including Tatarstan. Back in October last year, Shell's VP for Retail in Europe and South Africa, Jacek Dziembaj, said the company planned to open 70 additional petrol stations in Russia, bringing the total to around 300 by the end of this year.
According to Starodubtsev, Russia is a 'priority region' for Shell, hence the drive to further increase the number of petrol stations to about 450. This means Russia now is the main growth region in Europe for Shell stations. There are more than 43,000 petrol stations in 80 countries under the Shell brand.
Russia is also important to Shell from an oil extraction point of view. The Anglo-Dutch multinational is participating in the development of oil fields off the coast of Sakhalin Island, in Russia's Far East and in Khanty-Mansi, in western Siberia. The company also participates in the Caspian Pipeline Consortium.