Oil Majors and Traders Vye for Shell’s South African Assets ...Middle East

Economy by : (OILPRICE) -
Oil trading giants and the national oil companies of some of the Middle East's biggest oil producers are in the race to buy Shell's South African service stations as they look to expand their access to downstream assets.       The world's largest oil firm and oil exporter, Saudi Aramco, the national oil company of Abu Dhabi, ADNOC, Oman's OQ Trading, and international trading giant Trafigura are interested in buying Shell's gas stations in South Africa, sources with knowledge of the matter told Bloomberg this week.  …

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