{"id":66108,"date":"2024-05-15T17:00:20","date_gmt":"2024-05-15T17:00:20","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door"},"modified":"2024-05-15T17:28:57","modified_gmt":"2024-05-15T17:28:57","slug":"bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door","title":{"rendered":"BP plans big expansion in South Africa \u2013 as Shell heads for the door"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Petrochemical group BP says that it has drawn up a \u201clong-term\u201d strategy for its presence in South Africa, which includes expanding its over 500 forecourts and upgrading their service offerings across the country.<\/p>\n

The group has been in South Africa for 100 years in May 2024, and said it would remain in the country \u201cfor as long as (it) needs us\u201d.<\/p>\n

This comes in stark contrast to competing petroleum group, Shell, which has outlined its plans to exit its South African downstream business, which includes over 600 service stations.<\/p>\n

In the wake of that announcement, which has dented South Africa\u2019s appeal as an investment destination, BP said it wanted to \u201csignal its commitment to a long-term future\u201d in the country.<\/p>\n

\u201cFrom 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\u2019s energy supply networks for as long as the country needs us,\u201d BP South Africa CEO Taelo Mojapelo said.<\/p>\n

The group said it has drawn up a strategic roadmap for the long term, with three key goals:<\/p>\n

To expand and high-grade the portfolio of over 500 service stations, while growing the number of forecourts owned by black entrepreneurs or run by black franchisees.<\/p>\n

Upgrading and expanding its forecourt offerings.<\/p>\n

Optimising its supply model.<\/p>\n

\u201cBPSA\u2019s strategy fits into the global group\u2019s broader focus on reimagining energy, as BP pivots from being an international oil company that produces resources to an integrated energy company that delivers solutions for customers,\u201d it said.<\/p>\n

Farewell Shell<\/p>\n

Shell confirmed this month that it is selling its shareholding in Shell Downstream South Africa, which includes a network of 600 gas stations across the country, following a review of its business across regions and markets.<\/p>\n

While the group aims to remain in the upstream sector, this has been pulled into question with mineral resources and energy minister Gwede Mantashe threatening to punish the group over its decision by being \u201creluctant\u201d to give them licences.<\/p>\n

According to Liquid Fuels Wholesalers Association of South Africa\u2019s CEO, Peter Morgan, Shell\u2019s exit from the downstream businesses has been overblown, noting that the company is unlikely to fully abandon its service stations.<\/p>\n

Morgan said Shell would probably follow the same approach it has taken in other African countries, where it will leave a smaller sub-brand, Viva, in the country, where it will retain a percentage of ownership.<\/p>\n

This means the roughly 600 forecourts and the jobs they provide are not immediately at risk, and the sites are not likely to close down entirely.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Petrochemical group BP says that it has drawn up a \u201clong-term\u201d strategy for its presence in South Africa, which includes expanding its over 500 forecourts and upgrading their service offerings across the country. The group has been in South Africa for 100 years in May 2024, and said it would remain in […]<\/p>\n","protected":false},"author":84,"featured_media":66106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[274,315,275],"class_list":["post-66108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nBP plans big expansion in South Africa \u2013 as Shell heads for the door - South Africa<\/title>\n<meta name=\"description\" content=\"Petrochemical group BP says that it has drawn up a \u201clong-term\u201d strategy for its presence in South Africa, which includes ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BP plans big expansion in South Africa \u2013 as Shell heads for the door\" \/>\n<meta property=\"og:description\" content=\"Petrochemical group BP says that it has drawn up a \u201clong-term\u201d strategy for its presence in South Africa, which includes ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-15T17:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-15T17:28:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2024\/05\/sm_1715781431.888256.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"BP plans big expansion in South Africa \u2013 as Shell heads for the door\",\"datePublished\":\"2024-05-15T17:00:20+00:00\",\"dateModified\":\"2024-05-15T17:28:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door\"},\"wordCount\":448,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2024\/05\/sm_1715781431.888256.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/bp-plans-big-expansion-in-south-africa-as-shell-heads-for-the-door\",\"name\":\"BP plans big expansion in South Africa \u2013 as Shell heads for the door - 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