Shell opened its first petrol station in Yerevan on Thursday.
"It's not just a petrol station, it's a new culture. By the quality of its products and level of services Shell will change the demand for services provided by petrol stations in Armenia, and we will see qualitative changes in the overall market,' Economy Minister Vahan Kerobyan said at the opening ceremony.
According to him, the presence of this company in the country shows that Armenia is becoming an attractive location for major international investors.
According to the Economy Ministry, Royal Oil LLC is the licensed representative of British-Dutch Shell Energy Corporation in Armenia. It intends to open about 25 Shell stations in the country within the upcoming five years. The goal is to create a chain of new generation petrol stations, ARKA reports.
