Thursday, June 29 2023 21:09
Naira Badalian

Shell opens its first petrol station in Armenia

Shell opens its first petrol station in Armenia

ArmInfo. On June 29, the opening of  the first filling station of the British-Dutch transnational oil and  gas company Shell took place in Yerevan.

According to the press service of the Ministry of Economy of Armenia,  the licensed representative of the brand in Armenia is Royal Oil LLC,  which, in cooperation with Shell, plans to open about 25 Shell  filling stations in different parts of the country as part of the  next 5-year strategy, with the aim of creating a network of new  generation filling stations.

"This is not just a filling station, this is a new culture, the  quality of its products and the level of service, Shell will change  the demand for the services provided in the field of filling stations  in Armenia, and we will see a qualitative change in the overall  market," Minister of Economy Vahan Kerobyan said at the opening  ceremony.

Shell was established in 1907 by merging the Royal Dutch Petroleum  Company and The Shell Transport and Trading Company Ltd. For 2018,  Shell is the largest oil and gas company and the 11th largest public  company in the world according to the Forbes Global 2000 rating and  5th in the Fortune Global 500 rating.  The headquarters is located in  London (UK). Shell conducts geological exploration and production of  oil and gas in more than 70 countries around the world. As a major  component of Big Oil, Shell is the second largest oil and gas company  in the world by revenue.