London: Indian conglomerate Essar has made a
bid to buy one British and two German refineries from
Anglo-Dutch oil giant Royal Dutch Shell, the Financial Times
reported Tuesday without citing its source.
Energy-to-telecoms group Essar has bid for the
British-based Stanlow refinery in Ellesmere Port, Cheshire,
and two German refineries, according to the daily business
newspaper.
The FT added that US company Valero Energy, Libya's
National Oil Corporation and an investment vehicle controlled
by the Saudi royal family have also expressed an interest. A
Shell spokesman declined to comment on the story.
Bureau Report
First Published: Tuesday, August 18, 2009, 18:20