Its LPG bottles and tank filling operations are spread across Portugal, UK, Austria, Poland, Netherlands, Belgium, Turkey, China and South Africa.

The sale also includes LPG storage terminals, bottle filling plants, customer lists, operating licences and logistics assets.

As a result of 2011 review, the company was concluded that it is not the natural owner long term of the LPG bottles and tank filling business.

BP plans to retain its autogas business in Europe and move it into the Fuels Value Chains, and maintain LPG wholesale outlets to support its refinery operations.

Refining and Marketing chief operating officer Tufan Erginbilgic said the company plans to remain a key player in the European LPG autogas sector and through the Fuels Value Chains we will have a strategic fit with our forecourt fuels offer.

"We want to develop world class fuels value chains with an integrated offer to our customers utilising our market positions," said Erginbilgic.