VOL. XXXV

NO. 26

30-MARCH-1992

Oman

Oman to Take a 20% Stake in Caltex Refinery Project in Thailand

Oman has agreed to take a 20% interest in a $600mn refinery project to bebuilt by Caltex (the Texaco/Chevron joint venture) in Thailand under the termsof an agreement signed by Caltex with the Thai Government in November 1991. In astatement in Bangkok on 23 March, the Chairman of Caltex Oil (Thailand), Mr.Sukavich Rangsitpol, disclosed that Oman had agreed to participate in theproject after Caltex...