Shell likely to hawk aviation fuel in India

Mumbai: International oil and gas giant Royal Dutch Shell is all set to foray into distribution of Aviation Turbine Fuel (ATF), the fuel for airplanes.
Royal Dutch Shell would be the first international major to enter into ATF marketing space. Besides national marketing companies (IOC, HPCL and BPCL), Reliance Industries, ONGC and Essar are also planning to take a plunge in jet fuel distribution.
Royal Dutch Shell, which has made over $1 billion investment in the oil and gas sector, has already secured the marketing licence from the government. The company is looking at greenfield airports, including Navi Mumbai Airport and other new projects.
Deepak Mukherji, country head of corporate affairs of Shell India, said the group had secured the marketing licence, adding: "ATF distribution is an exciting segment that we are keen on." However, Mukherji declined to divulge the details.
25/06/07 P R Sanjai/Business Standard

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Categories: Foreign Jun 2007, General Aviation Jun 2007, New Jun 2007