Pakhoed NV Sells Stake In Tunisian Terminal
Royal Pakhoed of the Netherlands announced on 3 June that it had sold its 49% interestin the Paktank Mediterranee S.A. oil terminal at La Skhirra in Tunisia to the state-ownedEntreprise Tunisienne des Affaires Petrolieres (ETAP) for an undisclosed amount. The302,000 sq. ms. terminal has been in operation since 1985 and was meant as a transshipmentterminal for oil products to and from the Mediterranean area. Over...