No. 27



Middle East And North Africa Key To TotalFinaElf Expansion Plans Following Merger

The creation of Total Fina Elf SA by the merger of Totalfina SA and Elf Aquitaine SA was approved by the European Commission on 9 February, and on 16 June senior company officials told a press conference in Paris that integration was now 60% complete and would be concluded in the autumn. The new supermajor is seen as having a more stable balance of assets than any of its...