VOL. XLIII

No. 34

21-August-2000

ISRAEL

Alon USA Finalizes Purchase Of TotalFinaElf Assets In Southwest

On 8 August Alon USA, a newly created company owned by Alon Israeli Oil Co, finalized its purchase of TotalFinaElfs downstream business in the southwest US, apart from the 175,000 b/d refinery at Port Arthur, Texas. The TotalFinaElf assets purchased by Alon USA include the 60,000 b/d Big Spring Refinery, its domestic fuels marketing business and related pipelines and terminals. Alon USA, the...