Industry Ministry clarifies no listing plans for oil pipeline firm
The Ministry of Industry, Mines, and Energy clarifies that the Pipeline Oil Transportation Company "TRAPSA" is not currently undergoing any studies or procedures to be listed on the stock exchange, due to the strategic nature of its activities and its role in maintaining supply security and the continuity of the public service. The company is subject to laws and agreements that specify its activities in transporting, storing, and shipping oil. Its future plans include infrastructure upgrades, equipment improvements, and the enhancement of safety and environmental standards, all within the framework of the 2026–2030 development plan.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)