BP sells Singapore retail business

Singapore Petroleum is to buy British Petroleum’s retail marketing business in Singapore and has conditionally agreed to buy BP’s stake in a liquefied petroleum gas venture, in a deal worth about £40m (€59.5m).

BP sells Singapore retail business

Singapore Petroleum is to buy British Petroleum’s retail marketing business in Singapore and has conditionally agreed to buy BP’s stake in a liquefied petroleum gas venture, in a deal worth about £40m (€59.5m).

The retail business would boost Singapore Petroleum’s network of service stations in Singapore from 10 to 40.

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