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Total to buy Shell’s Marketing Businesses in Fiji and Tonga

Source: www.gulfoilandgas.com 7/11/2006, Location: Europe

Total has signed conditional sale and purchase agreements to acquire the shares and business interests of Shell Fiji Limited in Fiji and the business assets of Shell in Tonga. The agreement covers Shell’s distribution, sales and marketing interests in retail, commercial, aviation, marine petroleum products and lubricants in Fiji and Tonga. The acquisition represents a network of 9 terminals and depots and 20 service stations. It remains subject to any necessary approval of the relevant authorities in each country.

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