TAKE-OVER FORECAST
Oil Company In Indonesia
(N.Z. Press Assn.—Copyright)
TOKYO, Mar. 10. Indonesia’s official Antara news agency said yesterday that the American Stanvac Oil Company will be taken over by the Indonesian Government in a few days. This move was disclosed at a meeting by Dr. Alghozi, an official of the Department of Oil and Natural Gas Affairs, but the news agency gave no further details in a broadcast monitored in Tokyo. Stanvac is one of the three foreign oil companies still operating in Indonesia. The others are the Americanowned Caltex and Britishowned Shell Oil.
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https://paperspast.natlib.govt.nz/newspapers/CHP19660311.2.123
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Press, Volume CV, Issue 31006, 11 March 1966, Page 11
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95TAKE-OVER FORECAST Press, Volume CV, Issue 31006, 11 March 1966, Page 11
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