Three companies vying to buy Conoco’s petrol stations


BANGKOK: Petroliam Nasional Bhd (Petronas), Thailand state-owned energy giant PTT Plc and an unnamed Indian company are vying to buy over Conoco’s 147 Jet petrol stations in Thailand. 

Anon Sirisaengthaksin, executive vice-president of PTT Plc, said the US-based Conoco is expected to finalise the deal with one of the three bidders next month. 

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