National Oil Boss in a Delicate Balancing Act
[The Star]
State owned oil marketer National Oil says it cannot effectively compete with independent oil companies operating so long as it remains registered under the Companies Act but continues operating under the State Corporations Act. Managing director Sumayya Athmani said unlike private oil companies National Oil is subject to the Public Procurement and Disposal Act which delays quick action in key business deals. "We have lost several deals to private players since our competitors are able to move quickly unli
