Total acquires Caribbean marketing assets from ExxonMobil
Mar 11, 2008 01:00 AM
Total announced the signature of an agreement to acquire ExxonMobil's marketing assets in Puerto Rico, Jamaica and
the US Virgin Islands.
The acquisition represents a marketing capacity of around 1 mm tpy through a network of approximately 200 service
stations, a number of petroleum product depots and an aviation fuel retailing business.
The transaction, which is subject to approval by the relevant authorities, is in line with Total's development
strategy and strengthens its position in the Caribbean.
Total has been active across the Refining & Marketing chain in the region for the last 40 years.
Source / Total S.A.
