Petrol Ofisi’s retail network in Turkey is expected to increase by 770 stations. Credit: IADE-Michoko from Pixabay.British oil major BP has agreed to divest its fuel operations in Turkey to oil distribution company Petrol Ofisi, owned by global commodities trader Vitol.Under the deal terms, BP will sell its stake in BP Turkey Refining and BP Petrolleri to Vitol’s subsidiary Petrol Ofisi.Financial terms of the deal were undisclosed.With the acquisition, Petrol Ofisi’s retail network in Turkey is expected to increase by…
bp to sell Turkish fuel operations to Vitol subsidiary Petrol Ofisi – Offshore Technology
