Source Pravda.Ru

BP Quits Malasia

Petronas starts submitting of the possible acquisition of BP retail assets in Sabah only at the end of August.

Petronas plans to acquire all 16 BP petrol stations in Sabah.

This acquisition, which is going to be on a willing buyer-seller basis, is an opportunity for Petronas to expand its retail businesses.

Petronas is the major company in Malasia and that district, it occupies a 36 per cent of market share.

The possible acquisition is a chance for the company to expand its niche on 10 per cent.

The rival for Petronas in this deal is Indonesia’s state oil company Pertamina, which is also interested in BP’s assets in Sabah.

©

&to=http://www.petronas.com.my/internet/corp/corpweb3.nsf' target=_blank>PETRONAS

&to=http://www.bp.com' target=_blank>BP

Comments
Capitalism reduced Indonesian cities to infested carcases
Tel Aviv, Jerusalem, capitals and puppets
Tel Aviv, Jerusalem, capitals and puppets
US-led coalition killed more than 9,000 people in Syria since 2014
US-led coalition killed more than 9,000 people in Syria since 2014
US-led coalition killed more than 9,000 people in Syria since 2014
Turkish President Erdogan issues ultimatum to Washington and Brussels
Capitalism reduced Indonesian cities to infested carcases
Russian special services detain Hizb ut-Tahrir members in Crimea
Donbass without militia will be worse than Srebrenica - Putin
Russian scientists find a way to look inside black holes
Russia not pulling out from any international agreements, Putin says
Tel Aviv, Jerusalem, capitals and puppets
Tel Aviv, Jerusalem, capitals and puppets
Tel Aviv, Jerusalem, capitals and puppets
North Korea is not a threat to the US
Russia's S-500 Prometey to nail USA's THAAD to the wall
Putin: Russia will continue spending enough on defence not to be killed
Russia leaves Syria, but USA stays, to spend some more
100th anniversary of Great October Revolution: Celebrating mountain of errors
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision