Texaco to Sell Cayman, Jamaica Properties


Following the purchase of 174 gas stations in the Eastern Caribbean by Vitogaz, a subsidiary of French petroleum company Rubis, Texaco is putting its stations in Cayman and Jamaican on the block. The initial deal included stations in 11 countries, with additional approval being sought in Belize and two other countries in Central America. Rubis acquired 174 stations under the Texaco brand a few months ago, with a decision on the company’s Cayman and Jamaica stations to be made by September, according to Des Ebanks, assistant petroleum inspector in Cayman. [Caymanian Compass]


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