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Trixie Yap, Siyi Liu and Chen Aihhu
Singapore (Reuters) plans to offer a new operator of chemicals and energy, bukom processing complex, and Exxon Mobil is looking for five people, processing, retail sales of fuel.
Exxon mobile retailers enters the formal proposal phase with mandatory offers to double the May of May two. 58 Gasoline Kiosk Network is estimated at about $ 1 billion, although none of the initial offers passed this level.
Sales attracted the interests of private capital companies and active managers, but also if the same two sources plan to offer to offer.
Sales, Exxon’s Singapore’s speech will not record the retail fuel sector, as the government plans to lower the land transport waste through electric vehicles. In 2023, Exxon sold gas stations in Thailand for $ 603 million to Bangchak oil.
The bank barclays in the UK recommended the transformation Exxon mobile, he said. All who speak the matter refused to be called as it was not disclosed.
Exxon spokesman said that the company did not comment on the market assumption. Barclays and ASTTER refused to comment on chemicals.
ASTER, Indonesia’s joint venture between Chandra Group and Global Property Trader Glencore, recently excluded the processing and petrochemical assets in Singapore, the gas station of the energy major.
“We always appreciate the market opportunities in accordance with our strategic priorities,” Aster spokesman said by e-mail.
(Painted by Trixie Yap, Liu, Chen Aihhu and Yezhu Ngu;