Middle East Economic Survey


No 28



Tamoil Buys ExxonMobil Oil Distribution, Retail Assets In Niger

Libyas Tamoil announced on 5 July it had acquired ExxonMobils distribution and retail unit in Niger. The deal will give the company control over ExxonMobil petrol stations in the country as well as half of the market for jet fuel at the countrys main airport in Niamey and complete control of the jet market for the northern airport at Agadez. The acquisition will strengthen...