VOL. XXXVII
NO. 12
20-DECEMBER-1993
Saudi Arabia
Saudi Aramco Wins Tender For 40% Stake In Philippine Refinery
Saudi Aramco last week took a significant step towards enlarging itsdownstream presence in the rapidly expanding Asia-Pacific oil market by winninga tender for a 40% stake in the largest oil refining and marketing company inthe Philippines. It was announced in Manila on 15 December that Saudi Aramco hadwon the tender for a 40% share in Petron Corp., the refining and productmarketing...
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