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<a href="http://www.accessmylibrary.com/article-1G1-118756637/unocal-thailand-talks-bangchak.html" title="Facts and information about Unocal Thailand in Talks with Bangchak Petroleum to Sell More Crude Oil.">Unocal Thailand in Talks with Bangchak Petroleum to Sell More Crude Oil.</a>
Unocal Thailand in Talks with Bangchak Petroleum to Sell More Crude Oil.
Bangkok Post (Bangkok, Thailand)
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February 04, 2004 |
COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Byline: Nareerat Wiriyapong
Feb. 4--Unocal Thailand confirmed that it was in negotiations with Bangchak Petroleum Plc about selling the Thai refiner more crude and said that hopefully an agreement would be reached soon.
Unocal chairman Randy Howard said new terms regarding crude purchase contracts were being discussed with "all domestic refiners" including Bangchak. Local refiners are seeking to utilise a higher proportion of domestic crude due to the higher margins associated with it when compared to imported crude.
Bangchak, which recently implemented an operational and financial restructuring plan, was reportedly negotiating to buy an ...
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Source: HighBeam Research, Unocal Thailand in Talks with Bangchak Petroleum to Sell More Crude...