SHELLS PLANS TO LEAVE WHILE BP PLANS TO STAY

As petrol giant Shell plans to leave the country, BP has confirmed that they’ve got big expansion plans in South Africa.

The petrochemical group has said that it has drawn up a “long-term” strategy for its presence in the country. This includes upgrading their service offerings across the country and the expansion of their forecourts.

This seems to be the complete opposite of what Shell is planning as it has announced that it plans to leave the country. Shell’s departure will affect more than 600 petrol stations.

BP on the other hand has said that it has been in South Africa for 100 years and will stay in the country “for as long as (it) needs us”.

BP South Africa CEO Taelo Mojapelo confirmed this.

“From our forecourt to our partners in retailing, storage and distribution, we are dedicated to remaining a forward-looking, responsible and effective steward of South Africa’s energy supply networks for as long as the country needs us.”

The British-based group said its local strategy fit into the global group’s broader focus on reimagining energy. The company aims to move from being an international oil company that produces resources to an integrated energy company that delivers solutions for customers.

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