Fuel Supplies (CI) Ltd Sold

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Fuel Supplies (CI) Ltd Sold

Post by GD on Tue 03 Jun 2008, 7:45 pm

Shell's fuel distribution businesses in the Channel Islands are being sold to the French company Rubis.

The sale includes twenty-seven petrol stations. The heating oil, marine, aviation and commercial fuel aspects of the business are also included.

Shell has been operating in the islands for more than fifty years and has around a thirty per cent market share. The sale is subject to approval by regulators.

Ah well watch the prices of fuel move up even more...
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Re: Fuel Supplies (CI) Ltd Sold

Post by Digger on Tue 03 Jun 2008, 8:27 pm

What is the price of fuel in France is it more than ours ?.
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Re: Fuel Supplies (CI) Ltd Sold

Post by Spirit on Tue 03 Jun 2008, 10:45 pm

It is only a distribution business that has been sold. Shouldn't have any noticeable effect on Fuel Supplies. (Unfortunately.)

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