Shell ready to quit Zimbabwe as Mugabe cronies hoard fuel
- added July 5, 2008
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- Ice_cream_Man
- added this
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The Observer reports:
"Shell was considering pulling out of Zimbabwe last night amid claims that President Robert Mugabe was reserving the distribution of fuel at petrol pumps for party supporters."
"A source at the oil giant told The Observer it was looking at a plan to halt activities in the country, which are overseen in a joint deal with BP. One option being canvassed is for Shell to sell its stake to a third party. Meanwhile both the UN Security Council and the European Union are drafting tougher sanctions aimed at members of the regime and their families, but probably stopping short of wider economic sanctions that some British politicians and Zimbabweans are calling for."
"Shell was considering pulling out of Zimbabwe last night amid claims that President Robert Mugabe was reserving the distribution of fuel at petrol pumps for party supporters."
"A source at the oil giant told The Observer it was looking at a plan to halt activities in the country, which are overseen in a joint deal with BP. One option being canvassed is for Shell to sell its stake to a third party. Meanwhile both the UN Security Council and the European Union are drafting tougher sanctions aimed at members of the regime and their families, but probably stopping short of wider economic sanctions that some British politicians and Zimbabweans are calling for."
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- Ice_cream_Man
- 1 month ago
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