PRI <PRI> TO BUY SHELL <RD> HAWAII GAS STATIONS
Pacific Resources Inc said it signed a
definitive agreement with Royal Dutch/Shell Group unit Shell
Oil Co to buy Shell's marketing, terminaling and distribution
assets in Hawaii for 32 mln dlrs.
    The purchase would include Shell's interest in 39 retail
gasoline stations and four petroleum product terminals, PRI
said. The company said it expects the transaction to be
completed by September 1, 1987.
    The pact includes provisions allowing the continued use of
the Shell trademark, credit cards and the sale of Shell brand
products by the gasoline stations, PRI said.
    PRI said all Shell-brand products sold under this agreement
will be manufactured to Shell specifications.
 Reuter
