Shell Oman to invest $28.5m in new service stations

Shell Oman Marketing Company has announced plans to build five service stations in the sultanate, including four on Al Batinah Expressway.

Shell Oman, which already operates 190 service stations across the sultanate, said it will invest about OR11 million ($28.5 million) to build the new sites.

The company has signed an agreement with the Ministry of Housing in the presence of Sheikh Saif bin Mohammed Al-Shabibi, Minister of Housing, and Dr Mohammed Mahmood Al Balushi, CEO of Shell Oman Marketing Company.

As well as the service stations on Al Batinah Expressway, Shell Oman will also build another on Adam-Thumrait Highway via strategic joint ventures and dealership models with Omani partners, it said in a statement.

The five service stations, each with a 30,000 sq m area, will leverage Shell Oman’s access to technical expertise from Shell Global, it added.

Provisions for electric vehicle charge points and other cleaner fuel solutions will feature at the new stations while each will also include a retail store, children’s playing area, car-care services with a proposal for a motel.

The Shell service stations will also accept debit and credit cards as payment options, which is being rolled out in all Shell service stations in the sultanate.

Al Balushi said: “We have a long-term strategy that aims to capitalise on the major investments in infrastructure projects and maturing industrial and logistical hubs in the sultanate. Al Batinah Expressway is considered one of the most important national milestones, and we are committed to continue investing.”

Shell Oman is a publicly listed company on Muscat Securities Market.

Arabian Business.com Contribution Time: 09-May-2019 10:48 (GMT)
Arabian Business.com Last Update Time: 09-May-2019 10:48 (GMT)