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PSO bids approved
- Thursday, January 18 - 2007 at 15:23
Pakistan has approved 12 bids for the privatisation of Pakistan State Oil, Gulf News reported. The successful bidder will receive 51% of the country's top oil marketing firm. Bidders include UAE companies Abraaj Capital, Abu Dhabi Group, and Al Ghurair Investment; and a consortium of Saudi-based Aljomaih Group and Kuwait's Noor Financial Investment.
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James McInerney, News EditorThursday, January 18 - 2007 at 15:23 UAE local time (GMT+4)
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This article was updated on Wed Mar 28 2007.
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