US-Based RM Parks to Launch Fuel Distribution Operations in Sri Lanka Next Month
RM Parks, a US-based company operating under the Shell PLC umbrella, is set to initiate its fuel distribution operations in Sri Lanka, starting next month. This strategic move will see the establishment of 150 fuel stations operating under the esteemed Shell brand.
RM Parks is poised to further expand its footprint in the Sri Lankan market by introducing an additional 50 fuel stations independently in the near future. This expansion will mark RM Parks as the fourth major player to enter the country’s fuel market, alongside existing entities such as the Ceylon Petroleum Corporation, Lanka Indian Oil Corporation, and Sinopec.
The journey into Sri Lanka’s petroleum industry began when RM Parks joined hands with Shell PLC, sealing a groundbreaking agreement in July. This 20-year commitment empowers RM Parks to import, distribute, and retail a wide range of petroleum products through the network of 150 fuel stations. Notably, these fuel stations will undergo significant upgrades, including the installation of state-of-the-art automated dispensers, electric charging stations, and the introduction of mini markets and cafes, promising an enhanced customer experience and an innovative approach to fuel distribution in Sri Lanka.