British petroleum interview

THE TIMES – SOUTH AFRICA British Petroleum Interview CEO Mr Gerard Derbesy 1. I would like to begin with a brief reference about the history of British Petroleum in South Africa.

2. We know that you have experience in Continental Europe, US and UK. Which similarities and differences do you observe in the South African market?

3. South Africa is a net importer of fuel. How hard is to ensure the security of supply under these conditions?

4. South African Petroleum Refineries is South Africa´s largest refinery. How critical is this asset in BP´s South African positions?

5. Sapref is a joint venture with Shell. Isn´t it paradoxical to share a strategic infrastructure with one of your main competitors?

6. From which countries do you receive the crude oil that you process there?

7. Have you been affected by the Iranian crude oil restrictions?

8. BP also has the Fuels Technology Centre in South Africa. Why did the company decide to open this hi-techs fuel centre in this country?

9. Recently, the Competition Commission has referred to the Competition Tribunal a case of alleged price fixing and market division in the supply of diesel in which BP is involved with other five companies members of Sapia. Well, we already know the opinion of the competition commission, but we would like to know yours.

10.Many South African leaders that we interviewed complained saying that the lack of skills of the labour force is one of the main challenges of the country. Until what extent do you agree with this affirmation and, if so, what effects does it have over petroleum companies?

11.The Government aims to gradually introduce Cleaner Fuels in South Africa. How is this regulatory change going to affect the petroleum industry and especially local refineries like yours?

12.What infrastructures are going to be needed to achieve this change and who do you think should finance these infrastructures?

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