Shell Pakistan discontinue Aviation operation across the country. Shell Pakistan Limited (SPL) on Wednesday announced that it has decided to discontinue its aviation operations across Pakistan.
In a notice to the Pakistan Stock Exchange (PSX), Shell Pakistan informed that the company carries out its aviation-related operations at the following locations: (i) Jinnah International Airport (JIAP) (ii) Quetta International Airport (QIAP) (ii) Begum Nusrat Bhutto Airport (BNB) (Sukkur) and (iv) Nawabshah Airport (WNS).
“Following the expiry of the leases related to the above airports, the Pakistan Civil Aviation Authority (CAA) has floated a joint tender inviting participants to bid for the operation of six (6) airports, including all four of the airports currently operated by SPL as well as Skardu International Airport (KDU) and Gwadar International Airport (GDU).
“After due consideration of a wide range of factors, including legal compliance, financial and commercial considerations, SPL has taken the decision not to participate in the tender,” read the notice.
As Shell Pakistan discontinue Aviation operation across the country, SPL said it remains committed to the safe handover of operations to the CAA and/or relevant stakeholders (as appropriate) at the airports at which it is currently operating.
“The final date of exit from these airports will be communicated after consultation with the CAA,” it added.
SPL further said that it remains committed to continuing all its other businesses and operations in Pakistan, which remain unaffected.
Shell Pakistan Limited is a Pakistani oil and gas company that is a subsidiary of Shell plc and has been in South Asia for over 100 years. Shell’s flagship business in Pakistan is the downstream retail marketing company, Shell Pakistan Limited, which has interests in downstream businesses including retail, lubricants, and aviation. On 14th June, 2023 Shell announced to sell its holding in Pakistan.
