Libya's Oilinvest Increases Shareholding in Tamoil Switzerland
According to the Parisdaily Le Monde (10 August), the Geneva-based financial group Sasea (owned by theItalian financier Florio Fiorini) has sold its 35% stake in Tamoil's Swissoperation to Libya's foreign downstream agency Oilinvest, which already held themajority 65% share in the venture. In Switzerland, Tamoil owns and operates a70,000 b/d refinery at Collombey and over 300 gasoline stations...
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