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Former Fiji Electricity Authority boss Rokoseru Nabalarua has been appointed by the new owners of BP South West Pacific Ltd to head the proposed Fiji subsidiary of the oil business.
In a statement issued by Tahitian-owned Pacific Petroleum Company - who has bought BPSWPL - CEO and chairman Albert Moux said both PPC and Nabalarua were excited by the prospect of working together and facing the challenge of bringing BP SWPL into the wider PPC Group.
“Mr Roko Nabalarua, a well known personality in the Fiji business community, has experience in the oil industry, having previously held senior positions in Shell and BP Fiji,” Moux said.
“Roko was also the CEO of FEA between 2004 and early 2008. He is currently completing his role as principal consultant with Auckland-based consulting firm Synergine before relocating to Suva. The very good quality of the teams working in BP SWP will make the transition easy, allowing the company and staff to focus on delivering seamlessly their value proposition to the customers,” Moux added.
PPC was formed in 2006 to purchase the Shell companies in New Caledonia, French Polynesia and Vanuatu.
Moux, a Tahitian businessman who had been running the 50/50 joint venture in French Polynesia between Shell and himself since 1987, assembled a group of businessmen from New Caledonia and Tahiti to pursue the vision of establishing a regional energy company with a strong oil distribution core business.
“This vision is today sustained through the very successful operations of PPC which have gone from strength to strength since 2006 through organic growth and external acquisitions and diversification,” Moux said.
One such diversification project is PPC’s venture into ocean thermal energy conversion, a project it is undertaking with Japan-based Xenesys.
