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CONOCO BEGINS THAILAND OPERATIONS

 HOUSTON, May 17 /PRNewswire/ -- Conoco, the energy subsidiary of DuPont, has started retail gasoline marketing operations in Thailand through an affiliate company, Conoco Thailand. Up to 14 retail marketing outlets will be built in the country during 1993.
 The decision to establish a marketing presence in Thailand was based on projections for continued economic growth rate of eight to 10 percent and Conoco's long-range plans to enter new geographic areas that have potential for integrated refining and marketing operations.
 According to J.W. Nokes, Conoco vice president of product marketing, supply and transportation, the opening of the company's first store in Bangkok marked final implementation of a strategic plan that took two years to develop and projects a strong Conoco presence in the Thailand market by the end of the decade.
 "Our entry into the Thai marketplace is very targeted," said Nokes. "In the early stages, we will focus on establishing a presence in key, niche markets to form a solid foundation from which we can grow the business more rapidly over the coming years."
 -0- 5/17/93
 /CONTACT: Carlton Adams of Conoco Inc., 713-293-1043/
 (DD)


CO: Conoco, Inc. ST: Texas IN: OIL SU:

TS -- NY083 -- 9268 05/17/93 13:27 EDT
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Publication:PR Newswire
Date:May 17, 1993
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