British Petroleum Moçambique (BM Moçambique) has sold its aviation fuel assets to Puma Energy Moçambique. The operation includes the transfer of the fuel supply business and its infrastructure, namely facilities, tankers and storage terminals.

The deal, carried out under the auspices of the Competition Regulatory Authority (ARC), and whose values were not disclosed, establishes that BP Moçambique's customers will now have autonomy to determine their future supplier.

"If the condition had not been imposed, there would have been a horizontal overlap that would have resulted in a significant increase in the market share that Puma already holds in the fuel supply market," said Luiz Vaz de Camões, from ARC, quoted by the newspaper The Country.

This action marks the departure of the British oil company from Mozambican territory and makes Puma Energy independent, and also opens up space for other competitors to enter the market.

"We expect Puma to become an important player in the market, as it will no longer depend on Petromoc's infrastructure to carry out its activities, but will have its own infrastructure," writes the newspaper.

This operation is what the British oil company has left in Mozambique after selling the retail fuel business to TotalEnergies in 2021.