March 28, 2010, 3:37 AM EDT
By Shaji Mathew
March 28 (Bloomberg) -- Shell Oman Marketing Co., a petroleum products marketing and distribution firm, said it was sued for 26 million rials ($67.5 million) by an Omani company.
“An Omani LLC company has, without prior notice, filed a legal suit against Shell Oman Marketing for an alleged infringement of selling rights within the sultanate of Oman,” Shell Oman said in a statement to the Muscat bourse today. Shell Oman was named as a co-defendant, along with another Omani company, it said, without giving the names of other companies involved in the suit.
Shell Oman said the claim is “legally baseless and unsustainable” and the company will not make any provision related to this claim.
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