VOL. XXXIII

NO. 1

9-OCTOBER-1989

Libya

Tamoil Increases Share in Italian Petroleum Products Distribution

Tamoil Italia has increased its share in the Italian products market with theacquisition of a 50% share in Italy's Bortollotti and Company which marketsaround 600,000 tons/year of petroleum products in seven provinces. Tamoil,Libya's main foreign downstream affiliate and in which the state-owned Oilinvest holds an 84.68% equity interest, sold 3.837mn tons of petroleum products inItaly last...