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Exxon sells units in Central America to Trafigura

Wednesday, March 30, 2011


Exxon Mobil is disposing of its oil-marketing and supply businesses in Central America to Netherlands-based Trafigura.

The acquisition bucks a recent trend of Latin American energy asset sales to Chinese firms.

Puma Energy, a unit of Trafigura, said that it will buy Exxon's oil-marketing and supply businesses in six Central American countries.

 

Original source: Dow Jones