Bloomberg News

Thai Oil Denies Report It Will Buy Esso Stake From Exxon Soon

By Daniel Ten Kate
January 24, 2012

Jan. 25 (Bloomberg) -- Thai Oil Pcl Chief Executive Officer Surong Bulakul denied a report in Khao Hoon newspaper that his company will “soon” buy a 65 percent stake in Esso (Thailand) Pcl from Exxon Mobil Corp.

“Certainly if they are interested in selling, we are interested in looking,” Surong said by phone today. “We have not been in contact yet. It’s too early to conclude anything.”

To contact the reporter on this story: Daniel Ten Kate in Bangkok at dtenkate@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net

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