The first Shell-branded fuel station was opened in Sri Lanka at the B.S. Cooray Filling Station, Ambatale.
This follows the signing of a retail brand licence agreement by Shell Brands International AG (Shell) and RM Parks (Private) Limited, and affiliates of Shell and RM Parks (Private) Limited signing a product supply agreement in March 2024. RM Parks (Private) Limited is a partnership of the Tristar Group (Tristar), a fully integrated energy logistics business serving the downstream oil and gas industry, and RM Parks Inc., an experienced distributor of Shell fuels in the North American fuel retailing market.
RM Parks (Private) Limited will rebrand a network of 150 retail fuel stations across Sri Lanka to Shell, which was awarded a contract to operate for an initial period of 20 years by the Sri Lankan Ministry of Power and Energy in 2023.
Tristar Group Chief Executive Officer Eugene Mayne said: “This strategic partnership marks a milestone in Sri Lanka’s energy sector, bringing together RM Parks’ extensive experience in fuel distribution and Tristar’s strong logistics and supply chain capabilities. The collaboration aims to enhance the country’s fuel retail landscape by introducing global best practices, superior service standards, and innovative energy solutions to benefit Sri Lankan consumers.”
RM Parks Inc. President Jason Callison commented: “Today is a step forward as we open our first Shell-branded location. RM Parks Inc., a third generation petroleum marketer in the United States (US) and Mexico and Tristar Group, one of the leading energy logistics companies in the world, are excited to bring this legacy to Sri Lanka and partner in the country’s future growth and development.” US Ambassador to Sri Lanka, Julie Chung stated: “The launch of Shell-branded fuel stations in Sri Lanka is a milestone, providing reliable fuel distribution options to a country that has experienced shortages. With California-based RM Parks Inc. at the helm of distribution, this partnership is an example of American business solving global energy challenges. This initiative will create jobs, stabilise fuel availability, and support Sri Lanka’s economic growth and stability.”
Shell Mobility General Manager (Licensed Markets) Flavia Ribeiro Pessanha added: “This is the first of many stations that will open in the coming months and years, and we can’t wait to see the Shell brand in Sri Lankan cities and on major roads throughout the country.”