Closing 1,000 Shell Gas Stations Around the World: How will it affect Indonesia?

Bisnis | Ekonomi - Posted on 28 March 2024 Reading time 5 minutes

DIGIVESTASI - Shell plans to close up to 1,000 Public Service Stations (SPBU) in several countries by 2025. Instead, the company plans to promote the construction of Large Scale Public Charging Stations (SPKLU) for electric vehicles. Then what about gas stations in Indonesia?  

 

Shell Indonesia Vice President Corporate Relations Susi Hutapea confirmed that Shell will continue to run a general trading business license for selling kerosene (BBM) in Indonesia. Even though the company is currently implementing a global energy transition strategy. "Shell continues to be actively involved in downstream oil and gas operations in Indonesia, including the production and marketing of lubricants, the sale of fuel oil (BBM), and the production of low carbon fuels," Susi said on Thursday (03/03) to CNBC. 28/2024), Indonesia). 

 

Susi added that Indonesia is an important growth market for Shell's lubricants business. Apparently in the lubricants sector, the company plans to start construction of a lubricating oil production plant in Marunda in March 2024 with a total annual production capacity of 120 kilotons.

 

"By November 2022, we will double the production capacity of Shell's Marunda Lube Oil Blending Plant to 300 million liters per year. 300 million liters per year. We plan to introduce immersion coolants that support this. Please feel the growth." In the gas station business, from January 2024 we will introduce integrated services such as Shell Café at Shell Soe Pomo gas stations to enhance customer convenience. 

 

Furthermore, in June 2023, Shell will introduce its strongest fuel in Indonesia, Shell V Power, which is equipped with the latest technology to remove 100% of deposits that affect engine performance, he added. 

 

Reference: Shell's move is expected to result in a 2.1% reduction in gas station capacity, but Shell did not mention in which countries gas stations will be closed. By 2023, Shell will operate 47,000 stores worldwide. 

 

Going forward, Shell will focus its plans on the Chinese and European markets. More SPKLUs are needed as the growth of electric vehicles accelerates in both regions.

 

In addition, the company plans to increase the number of electric vehicle charging points from 54,000 to 200,000. The plan is expected to be implemented by 2030. Shell SPKLU is currently available at Shell gas stations. In addition, Shell SPKLUs can also be found in various mobility centers such as supermarkets.

 

According to the Shell Recharge EV charging map, the company operates more than 3,700 charging stations across the United States, with multiple charging plugs installed at each location. Comparison: Tesla offers nearly 6,000 charging stations with more than 15,000 fast-charging plugs.

 

Despite the recent decline in demand for electric vehicles in the US, Shell believes the global energy transition is an investment worth considering. Shell highlights increased investment in China's electric vehicle industrial base, particularly in Shenzhen and Wuhan.


Find more news and articles on Google News

Source: cnbcindonesia.com

What do you think about this topic? Tell us what you think. Don't forget to follow Digivestasi's Instagram, TikTok, Youtube accounts to keep you updated with the latest information about economics, finance, digital technology and digital asset investment.

 

DISCLAIMER

All information contained on our website is summarized from reliable sources and published in good faith and for the purpose of providing general information only. Any action taken by readers on information from this site is their own responsibility.