Petronas, Sasol, Engen, Others to Form Largest Southern African Fuels Business

摘要

Southern Africa's largest refined fuels business would be created under a joint venture agreement announced recently between Petronas, Sasol, Engen, Worldwide African Investment Holdings (WAIH) and Tshwarisano, a Sasol black empowerment entity.The new fuels joint venture, to be ' known as Uhambo Oil Ltd., would be created through a share-for-share exchange agreement reached between the five companies.