LIBYA

Libya's Tamoil Takes Over Former Texaco Service Stations in Italy

Tamoil Italia, the Libyan-controlled refiner-marketer in Italy, has concluded a deal to purchase the former Texaco marketing network in Italy comprising some 770 service stations, of which 330 are wholly owned. This will bring the total of Tamoil's retail outlets to around 1,570. It already owns a 100,000 b/d refinery at Cremona plus 800 service stations in Italy. The Cremona refinery is currently running some...