British Petroleum sells assets in Botswana, Zambia and Tanzania
28.07.2010
British Petroleum is selling retail outlets, terminals and aviation fuel stations in Botswana, Tanzania, Zambia, and other countries in Africa
to cover costs related to the worst oil spill in US history, industry sources said.
Tanzania (2) -- Analyses -- 2010
More about the sells of British Petroleum
28.07.2010
The British energy giant BP intends to sell USD 30 billion of assets - mainly upstream oil and gas fields - over the next 18 months to help pay for the Gulf oil spill
clean-up and compensation.
BP owns retail outlets selling gasoline (petrol) and gas oil (diesel) as well as aviation refueling facilities at major airports
in Botswana, Tanzania, Zambia and other countries in Africa.
Besides selling fuel, lubricants and liquefied petroleum gas (LPG), BP is the largest aviation fuel supplier in Tanzania with about 92 per cent market share.
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