Shell is said to be planning to open its first fuel stations in Latvia this month with a total of ten to be completed by the end of the year, according to reports.
The move by the oil major would create Shell’s only fuel stations in the Blatic states.
It will see a return to the Latvian market by the end of the year.
In 2015, Shell signed a brand licence agreement with Baltic Fuel Retail Partners which was registered in September of that year.
Shell fuel retail stations were taken over by Statoil back in 2003 after signing an agreement on purchase of the company’s fuel stations in the Baltic states in October 2002.