Petroperu marks latest privatization stage

Petroperu SA will sign contracts to privatize the operation of its oil terminals in late January with Peruvian concerns Consorcio GMP SA-Grana y Montero SA and Serlipsa Fuel Centre Sur SA. A third offer, by Williams International Co., Tulsa, did not meet the bid terms, according to Petroperu's privatization committee. Williams offered rates below the base price quoted in the bid documents, plus a percentage to be paid on profits after taxes, the committee said. The companies will pay $3

Jan 19th, 1998

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