Shell completes Indonesian petrol station sale to Sefas Group
The Shell brand will remain across the network under a licensing agreement, while the company retains its Indonesian lubricants business.
Shell Indonesia said on 30 October 2026 that it had completed the transfer of its Indonesian petrol station business to Sefas Group. The deal covers about 200 Shell stations, associated fuel supply and distribution operations, and a fuel terminal in Gresik.
The business will operate through PT Isla Energy Indonesia, which is now owned by Sefas Group. More than 160 of the stations included in the transaction are company-owned, according to Shell.
Shell said a brand licensing agreement would allow the entire PT Isla Energy Indonesia station network to continue using its name. Customers would also retain access to Shell fuels. The transaction was completed under a revised sale and purchase agreement with Sefas Group.
Shell is keeping its lubricants operations in Indonesia. In September 2026, it began production at an Indonesian grease manufacturing plant with annual capacity of up to 12 kilotons. The facility complements its existing lubricants blending plant in Marunda, Bekasi, which has capacity of 300 million litres a year.
