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Statoil – Sale Now On February 1, 2006

Posted by jbwan in General.

Statoil announced yesterday that it is to sell its Irish operation. Bad news I’m sure for the Irish petroleum market with ever-increasing prices and what would appear to be price controlling measures that keep costs high and competition low. Interestingly enough I have seen Statoil fuel lorries providing stock to the Tesco petrol station in Waterford, I wonder how this will effect what is most often then cheapest pump price in the county… source: Irish Times

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