Malaysian state energy company Petronas has bought over the oil retail operations of Kuwait Petroleum International Ltd for an undisclosed sum, new agency Bernama reported. Petronas will take over Kuwait Petroleum Thailand Ltd’s (KPTL) retail service station and lubricant businesses, including 117 operational stations in major cities in Thailand, as well as its lubricant…
MALAYSIA: Petronas buys Kuwait Petroleum’s Thai retail network
Posted on January 3, 2005 by EnergyAsia