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. Last Updated: 07/27/2016

Shell to Build Filling Stations

Shell is looking to produce motor oil and develop its own filling-station network in Russia, Interfax reported Shell East Europe Co. Ltd. as saying Thursday.

The company is involved in talks with a number of Russian companies on producing oil and lubricants, Shell East Europe general director Steve Devon said, without naming any concrete projects. He said there is already a production line for Shell oil at LUKoil's refinery in Perm, but production volumes are insignificant.

Speaking about the development of a filling-station network, Devon said the company has started a pilot project in St. Petersburg and owns five filling stations there.

According to company information, Shell accounts for 17 percent of the total amount of motor oil imported into Russia and for 3 percent of total sales in the country.

Shell sales in Russia in 1997 amounted to $20 million, but fell sharply due to the crisis in 1998, Devon said. "Now we are faced with the task of regaining our position," he stressed.