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Shell will suspend operation of its gas stations, plant in Russia to ensure their sale

Russia Materials 7 May 2022 01:38
Shell will suspend operation of its gas stations, plant in Russia to ensure their sale

Shell's subsidiary, Shell Oil, will temporarily suspend operation of its network of gas stations and its lubricants plant in in Russia in the coming days to ensure the company's further sale to a new owner, Sergey Starodubtsev, General Director of the enterprise, announced on Friday, Trend reports citing TASS.

"We confirm that negotiations are currently underway to sell Shell Oil, which owns a network of gas stations and a lubricants production plant in Torzhok. To ensure the sale of Shell Oil to a new owner, the operation of Shell gas stations and production of lubricants will be temporarily suspended in the coming days," Starodubtsev said was quoted in a Shell statement.

He emphasized that the key priority for Shell remains the safety of employees and production processes, the preservation of jobs and compliance with the requirements of Russian legislation.

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