Middle East Economic Survey
VOL. XLVII
No 50
13-December-2004
OMAN
OCC Acquires Thai Olefins Stake As Third Foreign Holding In A Month
State-owned Oman Oil Company (OOC) has acquired its third foreign shareholding in a month with the purchase of 3% of Thai Olefins Company Ltd (TOC). This is the first investment made by OOC in Thailand as well as the first in the petrochemical industry outside Oman. CEO Ahmad al-Wahaibi said that OOC was looking at ways that it could cooperate with Thailands...
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