Cake Cutting

CEB is currently the second busiest terminal in the country, making PSPC well placed to meet its increasing fuelling needs as passenger numbers are expected to increase from 4.5 million to more than 12 million per annum by 2018.  The said initiative is part of Shell’s overall strategy to continuously be a good investment opportunity, whilst being a true partner of the Philippines in nation-building and progress. 

“Shell is proud to achieve a new milestone in the Philippines, and we look forward to supporting Mactan-Cebu International Airport to become a world-class and major international airport in the Philippines, as well as the development of Cebu in becoming a center of trade and tourism,” said PSPC President & CEO, Cesar Romero.  

Key benefits CEB customers will enjoy include fuel supply security backed by Shell’s integrated global supply chain with 17 refineries and 10 trading hubs globally; product quality assurance via Shell’s Fuel Quality Assurance System; professional account management that provides a single focal point for fuel requirements across Shell’s global network; and access to local expertise by leveraging Shell's 55 years of experience in the Philippines aviation industry. 

“Shell Aviation is committed to continuously support the progress of the Philippines’ aviation industry and creating outstanding value for its customers by delivering world-class aviation fuels and services, safely and on time,” said Richard Pereira, General Manager Shell Aviation, Asia Pacific and Middle East. “Shell Aviation aims to continue its strategic expansion in key locations with potential future growth like Cebu.”

Meanwhile, Albert Tiu, Vice President of PLC at CEB said: “This new partnership marks a timely step in the right direction. As local and international airlines begin to launch new services to and from Cebu and the capacity at the airport increases, we are pleased to partner with Shell Aviation to help meet current customer demands while also increasing supply security at the airport.”

Shell Aviation has been active in the Philippines through Pilipinas Shell Petroleum Corporation for 55 years, supporting the Philippine aviation industry within the country as well as in serving the airlines of the Philippines through its global network. The company has since been recognized by the Safety Organization of the Philippines’ for “Perfect Safety Record” in 2014, and has also received the “Award of Merit” in 2015.  

PSPC is involved in the manufacture, importation, marketing, supply and distribution of oil products—serving customers in almost every field of transport, commerce and industry with its wide range of high quality fuels, lubricants, liquefied petroleum gas, aviation fuel, bitumen and other specialty products. 

“For 55 years, we have supported the development of the country’s aviation industry through world-class standards in safety and operations, industry collaboration, as well as serving the airlines of the Philippines around the world through its global network of 900 airports in 36 countries. With continuous collaboration, I am confident that we can look forward to more years of literally and figuratively flying high together, “ ends Cesar Romero.

Notes to Editors:

About Shell Aviation

Shell Aviation is a leading global supplier of aviation fuels and lubricants with a heritage of over 100 years, supplying fuel at around 900 airports in 36 countries. 

Shell Aviation provides a diverse range of world-class fuels, lubricants and services to all aircraft types. This includes jet fuel and avgas for turbine engine and piston engine aircraft operators respectively, as well as its AeroShell range of engine oils, fluids and greases. 

Further information can be found on Shell Aviation’s fuels website.

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges.  Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com

Cautionary note 

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. 

This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. There can be no assurance that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this announcement. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2016 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, 29 June 2017. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement. 

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