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Shell eyes 40 more outlets

Malaysia Star Online

Tuesday December 30, 2008

KUALA LUMPUR: Shell Malaysia plans to open 40 more petrol stations next year despite the challenging economic environment.

Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd managing director Datuk Mohzani Abdul Wahab said the new petrol stations would either be built by the company or its dealers.

Speaking to reporters after the official opening of its 38th petrol station for this year in Kuala Lumpur last week, Mohzani said that one station would cost an average of RM8mil to RM10mil, depending on location.

Asked about Shell Malaysia’s outlook for next year, Mohzani said: “There will be growth for our petrol stations business but the question is to what degree. We expect a bit of slowdown but things will still be positive.” — Bernama

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