Thai state oil and gas company PTT Plc is now the sole owner of Rayong Refinery Co after completing the buyout of the 64% stake previously held by Shell International Holding Ltd. Last month, PTT president Prasert Bunsumpun and Shell representative Michael Noll sealed the agreement for the transfer of the 243 million shares in…
THAILAND: Capacity expansion, Rayong-Star merger on the cards
Posted on January 20, 2005 by EnergyAsia