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SHELL AVIATION EXPANDS OPERATIONS TO 12 AIRPORTS IN INDIA

Customers set to benefit from expanded network as Shell’s joint venture in India signs new agreements

Shell Aviation (SAV) has announced that it is expanding its operations into 12 airports across India to provide airlines fuel at airports located in the cities of Mumbai, Goa, Chennai, Calicut, Ahmedabad, Jaipur, Kochi, Thiruvananthapuram, Coimbatore, and Mangalore - in addition to the airports in Bangalore and Hyderabad where it first started its operations in India in 2008.

Shell MRPL Aviation Fuels and Services Private Limited (SMA), a joint venture between Shell and Mangalore Refinery & Petrochemicals Ltd (MRPL), signed the new deals to extend its fuel supply services to these 12 airports across India.

Shell’s entry into India via the joint venture aligns with Shell Downstream’s selective growth strategy, which includes recent global operational expansions at the new Dubai World Central-Al Maktoum International Airport in Dubai, London City Airport (LCA) in London, and Roskilde Airport in Denmark (RKE). The aviation industry in India is growing at a remarkable rate, and Shell is very keen to meet the demand for improved fuel delivery in the country.

“We are delighted to expand our network in India and hope to serve an increasing number of customers that see value in being fuelled by Shell,” said Sanjay Varkey, Chief Executive Officer, Shell MRPL Aviation Fuels and Services Private Limited. “We are committed to providing the same high quality products and services in India that our global customers have come to expect of Shell.”

Shell is currently the only multinational oil company with a government license to market aviation fuels in India. It aims to enhance operational and safety standards in India’s aviation services industry by introducing international best practices, operational efficiency, and pricing transparency. Earlier this year, Shell was named the best aviation fuel provider in the emerging markets, including India¹.

“Shell has contributed to the introduction of international approaches such as Mean of Platts Arab Gulf (MoPAG) plus Differential pricing, which provides more transparency compared to Posted Airfield pricing,” said Peter Mihm, Manager Fuel Procurement, Lufthansa. “We hope that this transparency and the entrance of an additional fuel supplier would help keep fuel prices in India at internationally competitive levels.”

James Rigney, Etihad Airways’ Chief Financial Officer, said: “The expansion of Shell into the Indian market promotes healthy competition and this supports Etihad’s approach to transparent fuel procurement.”

Through SMA, customers who choose Shell will benefit from experience beyond just the supply of aviation fuel. Shell, with its global footprint, offers a range of innovative products and services, including lubricants, risk marketing, CO2 trading and alternatives to oil-based aviation fuels. In addition, Shell has extensive experience in working with airport authorities and stakeholders to improve overall airport safety and operating standards, including into-plane fuelling, fuel hydrants design, airport network planning and fuel farm systems.

“India’s aviation industry is experiencing phenomenal growth and Shell is in a solid position to support this  growth,” said Sjoerd Post, Vice President, Shell Aviation. “Our expanding network in India reinforces our strong focus on India and the region, further strengthening our competitive position as the global aviation fuels provider of choice for both local and international airlines. Our customers stand to benefit increasingly from our proven world-class expertise, leading technology and global best practices at airports around the world.”

¹As voted by customers in the Emerging Markets Aviation Awards (EMAA) in May 2010.

MEDIA ENQUIRIES

Ying Communications: Keith Boi: keith.boi@yingcomms.com, +65 97318536

Ying Communications: Yeap Yin Ching: yinching.yeap@yingcomms.com, +65 9630 8638

About Shell Aviation:

Every day at over 800 airports in more than 40 countries, Shell Aviation provides fuel for almost 7,000 aircrafts, refuelling a plane every 12 seconds. Shell Aviation’s customers range from the private pilot to the largest global airlines.

Shell Aviation is a world leader in marketing aviation fuel and operating airport fuelling facilities and has a huge range of knowledge on everything from formulating better fuels to designing and managing cost-effective installations. Shell Aviation has invested heavily in the future of aviation, particularly in new locations, upgrades to existing locations, technical advances, and people – at local, regional and global levels. The company’s operating methods focus on local strength, backed by global support. Shell Aviation places great emphasis on training and keeping the skills and professionalism of its people maintained at high levels. Shell is one of the few energy companies with research and development facilities dedicated to the aviation sector.

About Shell-MRPL Aviation Fuels and Services Pvt Ltd:

Shell-MRPL Aviation Fuels & Services Pvt Ltd is a 50:50 Joint Venture Company formed between Shell, a global leader in marketing aviation fuel and operating airport fuelling facilities, and Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited, India’s largest national oil company.

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