The manager of Shell Indonesia's fuel stations assures that all parties remain committed to the agreement to sell its entire network of gas stations to a joint venture between Sefas Group and Citadel Pacific Limited.
Susi Hutapea, Vice President of Corporate Relations at Shell Indonesia, stated that the announcement of the sale of the entire Shell gas station network to the two companies had been conveyed since May 2025. She said, "There is no impact on the process of transferring the ownership of Shell's gas station business in Indonesia. All parties remain committed to the agreement," in a written statement.
Susi stated that Shell Indonesia continues to coordinate with the government to ensure a smooth transfer of fuel stations. She mentioned that the transfer of ownership of Shell's gas stations in Indonesia is expected to be completed in 2026. "We continue to coordinate with the relevant government and anticipate positive results in the transfer of ownership of Shell's gas station business in Indonesia," she said.
Citadel Pacific is the licensee of the Shell brand in several regions of the Asia-Pacific, including Guam, Saipan, Macao, Palau, and Hong Kong. Meanwhile, Sefas Group has been a long-time partner of Shell in Indonesia and is currently the largest distributor of Shell lubricants in the country.
Susi Hutapea said that business operations continue to run normally despite the transfer of all fuel stations. She mentioned that customers can still enjoy the regular services during the transition period. "The operational activities of Shell stations will continue as usual, until the completion of the ownership transfer process expected next year," said Susi, as quoted from a written statement on Friday, 23 May 2025.
She added that this asset divestiture is part of Shell's global strategy to streamline its downstream business portfolio and realign its focus. The company communicated the strategy at the Shell Capital Markets Day as part of its new global business direction.
Full story Shell Outlines Plan to Divest Indonesian Gas Station Business Starting 2026 - News En.tempo.co
Share this:
