olvo is to oil
29th December 1979, Page 7
29th December 1979
Page 7
Page 7, 29th December 1979
— olvo is to oil
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OLVO is joining a multitional venture to develop ergy resources in third rld countries.
Under the control of the wly-created International ergy Development Corpotion, the venture includes B Volvo, Caigary, Canadased Sulpetro Ltd and AZL sources Inc., of Phoenix, zona.
Volvo's representative is its esident, Pehr Gyllenhamar.
Initially, IEDC will concente on exploring for oil and • s in the developing counes which represent one of e world's major new sources fossil fuels.