VOL. XLVI
No 12
24-March-2003
OMAN
Oman Oil Acquires 10% Stake In Spanish Petroleum Company
State-owned Oman Oil Company (OOC) on 17 March, through its wholly owned subsidiary Oman Oil Holdings Spain, completed the purchase of a 10% stake in Compania Logistica de Hidrocarburos (CLH), the largest Spanish petroleum and logistics company. OOC Chairman and Commerce and Industry Minister Maqbul Sultan said the CLH acquisition represented a significant addition to the portfolio of his company and was...
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