VOL. XLVII

No 08

23-February-2004

KUWAIT

KPCs Petroplus Netherlands Gas Stations Purchase Approved

Dutch oil refiner Petroplus International announced on 17 February that it had obtained the necessary approval from the countrys anti-trust authority for the sale of its self-service gas stations to Kuwait Petroleum Nederland, a subsidiary of Kuwait Petroleum Corporation (KPC). A memorandum of understanding (MOU) on the deal was signed last month (MEES, 18 January), and an agreement, pending...