Singapore Exchange-listed China Aviation Oil (Singapore) Corporation Ltd (CAO) has signed two Memoranda of Understanding (MOUs) with Dubai’s Emirates National Oil Company (ENOC) LLC Group that includes: 1.   the acquisition by CAO of up to a 20% stake in an ENOC terminal subsidiary, Horizon Terminals Limited (HTL); 2.   a joint venture to build a US$135 million terminal…
SINGAPORE: China Aviation Oil, Dubai’s ENOC sign MOUs on oil-related projects in Middle East, Singap
Posted on March 25, 2004 by EnergyAsia