The Ministry of Power and Energy has announced that RM Parks, a subsidiary of Shell PLC in the United States, will start fuel distribution in Sri Lanka from next month.
The announcement says that the company will enter the fuel market at a fuel price and accordingly the minimum price for fuel will be charged from the company’s filling stations.
RM Parks will start distributing fuel through 150 petrol stations belonging to the oil corporation, and they are going to open 50 petrol stations soon.
Last June, RM Parks signed a 20-year agreement with the Ceylon Petroleum Corporation to import, distribute and sell