La Commission a approuvé la création d'une entreprise commune entre Saudi Arabian Oil Company (Saudi Aramco) et la famille Vardinoyannis à travers laquelle Saudi Aramco acquiert 50% de participation dans deux entreprises grecques contrôlées par Vardinoyannis, à savoir la Motor Oil Corinth Refineries S.A (MOH), une raffinérie de pétrole et Avinoil Industrial and Maritime Oil Company S.A (Avin).
The Commission has approved the setting up of a joint venture between the Saudi Arabian Oil Company (Saudi Aramco) and the Vardinoyannis family by virtue of the acquisition by Saudi Aramco of a 50% stake in two Greek companies, Motor Oil Corinth Refineries S.A (MOH), an oil refining company and Avinoil Industrial and Maritime Oil Company S.A (Avin), a retailer of refined petroleum products, formerly exclusively controlled by the Vardinoyannis family.