Govt eyeing BP, Shell for state oil company?

Both BP and Shell recently announced their intentions to exit the Botswana market, with the former citing a strategic review and the latter a shift to exploration and production as opposed to refinery and marketing.

Shell and BP are Botswana's two biggest and oldest petroleum retailers with extensive infrastructure countrywide and lucrative contracts across industry, many of these with government departments. Together, the two titans have 75 retail sites across the country. Other players in the market are Engen Botswana, Total and Caltex.