British oil major BP’s Turkish unit said it had sold its liquefied petroleum gas (LPG) assets and Petgaz business in Turkey to Russia’s Oteko Group, which transports crude oil and oil products within Russia.
The sale was part of BP’s plan to exit its liquefied petroleum gas bottle- and tank-filling businesses worldwide after reviewing the operations last year. BP’s Turkey unit said in an e-mailed statement yesterday that its LPG and Petgaz branded autogas units in Turkey serve around 500 domestic customers and dealers, employ 117 people and operate from various locations throughout Turkey, Hurriyet Daily reports.