Radio New Zealand - Te Reo Irirangi o Aotearoa

BP official to visit American Samoa

Posted at 22:48 on 17 November, 2009 UTC

A senior official of British Petroleum Southwest Pacific is expected to be in American Samoa today to meet with Governor Togiola Tulafono after the company signed an agreement to sell its South Pacific assets and operations to a French Polynesian company.

Matthew Elliott, the company’s official based in Australia says BP signed the sale and purchase agreement with Pacific Petroleum Company for BP Southwest Pacific recently.

Mr Elliott says the deal is expected to be concluded during the first quarter of 2010 and the purchase amount is commercially sensitive.

He says BP is very pleased with the deal with PPC.

Besides American Samoa, where BP is the terminal operator of the government own fuel tank farm in Utulei, the company’s other operations included in the sale are those in Fiji, Tonga, Vanuatu, Tuvalu and the Cook Islands.