BURMAH OIL PROSPECTS REMAIN FAVOURABLE
The current year has opened well, with
trading prospects remaining favourable, Burmah Oil Co Plc
<BURM.L> said in a statement with its 1986 results.
    The company plans to maintain a steady rate of investment
in its marketing operations and to obtain improved profit
margins on its liquified natural gas, LNG, project.
    Burmah has the financial capacity to continue making
acquisitions within its business sectors, it added. The
rationalisation programme, including sale of the Bahamas oil
terminal and all peripheral activities, is now complete.
    Pre-tax profit for 1986 rose to 105.9 mln stg from 79.6
mln.
REUTER^M
