Gulf Oil Corporation Ltd (GOC), a Hinduja Group-owned leading lubricant major, and Oil Bangladesh Ltd (OBL) have formed a 51/49 joint venture company called Gulf Oil Bangladesh Ltd (GOBL). The new company will start up a lube blending operation in Bangladesh, according to India’s Financial Express. GOC executive director V Ramesh Rao was quoted as…
BANGLADESH: Gulf Oil Corp forms 51:49 JV co with Oil Bangladesh
Posted on July 9, 2003 by EnergyAsia