(EnergyAsia, November 2) — Singapore-based China Aviation Oil Corp (CAO) has announced plans to sell off its 5% stake in the Spanish oil storage and logistics firm Compania Logistica De Hidrocarburos SA (CLH) as part of its settlement package with creditors agreed on May 24 2005. Once high-flying CAO, listed on the Singapore Exchange,…
SINGAPORE: China Aviation Oil to divest 5% stake in Spanish logistics firm
Posted on November 2, 2006 by EnergyAsia