By Adil Al Hasan
Copyright tempo
TEMPO.CO, Jakarta – The manager of Shell Indonesia’s Gas Station 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 (CPL). The current fuel stock limitations are confirmed not to affect the process of transferring assets from Shell to the Indonesian energy and distribution company and the private holding company based in the Asia-Pacific region.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 on Sunday, 28 September 2025.Susi stated that Shell Indonesia continues to coordinate with the government to ensure a smooth transfer of gas 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.Previously, Shell announced the sale of its entire network of gas stations in Indonesia to a joint venture formed by Citadel Pacific Limited and Sefas Group Indonesia. In an official statement released on Friday, 23 May 2025, Shell Indonesia announced that the transaction involves approximately 200 gas stations, including 160 units directly owned by the company.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 gas stations. She mentioned that customers can still enjoy the regular services during the transition period. “The operational activities of Shell gas 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.Shell also stated that it continues to supply fuel to partners and consumers through brand license agreements. The company also ensures that the sale of this retail network does not affect Shell’s lubricant business in Indonesia.Furthermore, Susi explained that Shell continues to operate lubricant blending plants with a capacity of 300 million liters per year and is currently building a grease production facility in Marunda, North Jakarta, with a capacity of 2,000 tons per year. Additionally, Shell continues to operate a fuel terminal in Gresik, East Java.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.Nandito Putra contributed to the writing of this articleEditor’s Choice: Govt Opens Door for Shell, Vivo, and BP AKR to Build Oil Refinery in IndonesiaClick here to get the latest news updates from Tempo on Google News
