Shell Malaysia plans retail network expansion
The Malaysian unit of Royal Dutch Shell plans to expand its fuel retail footprint in its domestic market to 904 stations from the current 830. 30 of the petrol stations will be newly built by Shell, while the remaining number will be sourced through the company’s pending acquisition of Conoco Jet Malaysia, after which Shell will rebrand 44 ProJet stations to Shell. Shell Malaysia’s Managing Director Datuk Mohzani Wahab said the new stations will be established by the end of 2007, while the rebranding initiative will be completed within two months. In the long-term, the company hopes to leverage both the acquisition of Conoco Jet Malaysia and the expanded fuel retail network to consolidate its Malaysian footprint. (July 5, 2007)