bp to reportedly sell all service stations in the Netherlands

The company is set to divest all 310 locations due to high growth costs in a relatively small market.

bp is to divest all 310 of its service stations in the Netherlands, as reported by Reuters.

The news agency talked to a spokesperson of the British oil and gas company, who shared that the decision comes in response to high investment costs required for growth in the relatively small Dutch market. The news also supports a recent report by Dutch newspaper AD.

While the company has not disclosed any specific price expectations for the sale, the move reflects a strategic shift in its operational focus. In comparison, rival Shell recently paid €12.3 million for a 15-year lease on a prime service station location along the A2 highway, which connects Amsterdam and Utrecht.

bp would complete the sale of its Dutch stations by the end of 2025, marking a significant change in its presence in the Netherlands as the company seeks to realign its resources and focus on other markets.