Ministers scramble for BP assets?

source: The Botswana Gazette
Written by AUBREY LUTE
Wednesday, 11 August 2010 00:00

They want to stop govt from buying BP fuel storage facility

Some Cabinet Ministers may scuttle government plans to buy a British Petroleum (BP) fuel storage facility to augment its existing strategic facilities, it is alleged, arguing that the move would be a reversal of the privatization policy.

It is understood that Cabinet recently discussed the possibility of buying some BP services that are up for sale, especially a storage facility, and a task force has been set up to lobby BP top brass to sell.

However it is understood that some Ministers and officials have also set their sights on the businesses; fears are that, having privileged information, they could persuade the government to abandon its plans. It is understood that they are [continue reading]

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