VOL. XXXVIII

NO.41

10-JULY-1995

Lebanon

Corral Petroleum And Gulf Interstate Acquire Product DistributionFacilities in Lebanon

Corral Petroleum Holdings AB of Jiddah and Gulf Interstate Oil Company ofDubai have jointly purchased all the shares of Fortuna Holding Company Ltd.,whose two operating subsidiaries Coral Oil Company Ltd. and Speed Oil CompanyLtd. are active in the distribution of petroleum products in Lebanon. Accordingto a press statement issued on 5 July, the Fortuna subsidiaries, which...