VOL. XXXVI

NO. 51

20-SEPTEMBER-1993

LEBANON

Total Liban To Spend $5mn On Network Rehabilitation

Total Liban, the 100% owned marketing subsidiary of Total of France,has allocated $5mn to rehabilitate its storage tanks and service stationsthroughout Lebanon. Last July Total, which only had a 49% share in Total Liban,regained its 100% control of the local company by acquiring the 51% stake heldby Phoenix Holdings of Lebanon. Total had sold Phoenix its 51% share in thelocal company in 1976, shortly...