Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

PKN Orlen in talks to buy Eni stake in Czech refiner

Share on facebook
Share on twitter
Share on linkedin
Table of Contents

Polish oil firm PKN Orlen is in talks to buy Italian firm Eni’s stake in the Czech Republic’s sole refiner, the Czech industry minister said, a step that could lead to more investment and help secure its future. The sale of Eni’s 32.4% would give local PKN unit Unipetrol full ownership of Česká rafinérská after it also bought a 16% stake from Shell earlier this year for USD 27 million. “(Eni) is negotiating with PKN Orlen on the conditions for it to exit Česká rafinérská,” the minister told Reuters.

most viewed

Subscribe Now