A company recently sold by BP to the controversial oil trader Trafigura has been forced to apologise for refusing to comply with a government order to cut fuel prices in one of the world's poorest countries.
The company was owned by BP at the time, but has been sold off in the last couple of weeks to Puma Energy, an arm of Trafigura, the Dutch-based trading company that was heavily criticised for allegedly dumping toxic waste in Ivory Coast.
BP Tanzania said it "regrets the unfortunate events" that led to its wholesale fuel licence being withdrawn by Tanzania's energy regulator. "What we are apologising for is holding supply," Engelhardt Kongoro, managing director BP Tanzania told Bloomberg in a move designed to win back its operating permit.
More Info and source: BP Tanzania 'regrets' fuel overcharges | Business | The Guardian
The company was owned by BP at the time, but has been sold off in the last couple of weeks to Puma Energy, an arm of Trafigura, the Dutch-based trading company that was heavily criticised for allegedly dumping toxic waste in Ivory Coast.
BP Tanzania said it "regrets the unfortunate events" that led to its wholesale fuel licence being withdrawn by Tanzania's energy regulator. "What we are apologising for is holding supply," Engelhardt Kongoro, managing director BP Tanzania told Bloomberg in a move designed to win back its operating permit.
More Info and source: BP Tanzania 'regrets' fuel overcharges | Business | The Guardian
