Shell will withdraw from its fuel station business in Indonesia by 2026, according to an announcement from PT Shell Indonesia, a subsidiary of Shell plc.
The company confirmed that its fuel retail operations will be handed over to a joint venture between Citadel Pacific Limited and Sefas Group. The transfer, which was approved in May 2025, is expected to be completed next year.
“The divestment of Shell’s fuel retail business in Indonesia is subject to regulatory approvals and is expected to be finalized in 2026,” Susi Hutapea, Vice President of Corporate Relations at Shell Indonesia,said as quoted in a written statement on Saturday, September 27, 2025.
Despite its exit from the local retail network, Shell assured that its fuel products will continue to be available in Indonesia. Under a brand licensing agreement, Citadel Pacific Limited and Sefas Group will manage the operations of Shell-branded stations going forward.
Management explained that the divestment is part of Shell’s broader portfolio transformation strategy and aligns with commitments made at its Capital Markets Day.
“Shell will continue supplying fuel products, and customers will still have access to high-quality fuels,” Susi emphasized.
Shell currently operates around 200 fuel stations across Indonesia, more than 160 of which are directly owned by the company, along with a fuel terminal in Gresik.
Citadel Pacific already operates Shell-branded stations under license in Guam, Saipan, Palau, Macau, and Hong Kong. Sefas Group, meanwhile, is the largest Shell lubricants distributor in Indonesia.
Already have an account? Sign In
-
Start reading
Freemium
-
Monthly Subscription
20% OFF$29.75
$37.19/MonthCancel anytime
This offer is open to all new subscribers!
Subscribe now -
Yearly Subscription
33% OFF$228.13
$340.5/YearCancel anytime
This offer is open to all new subscribers!
Subscribe now
Set up email notifications for these topics
