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Gazprom May Buy Eni Refinery Stake
Italy’s Eni is in discussions with Russia’s Gazprom to offload its stake in a Czech refinery, said Unipetrol, which owns 51% of the refinery.
Italy’sEniis in discussions with Russia’sGazpromto offload its stake in a Czech refinery, saidUnipetrol, which owns 51% of the refinery,Reutersreports. Unipetrol, controlled by Poland’sPKN Orlen, will exercise its option of first refusal to acquire Eni’s nearly 33% stake in the refinery.
State-controlled Gazprom, which has not made any decision yet, has a strategic partnership agreement with Eni, under which Gazprom considers offers of assets by Eni, addsBloomberg.Shell Overseas Investments, which has a 16.4% stake in the refinery, may also consider selling its stake.
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