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Lunes, 05 de Noviembre de 2007 15:52 |
FW: Reuters.com - Petrobras nears Exxon Japan refinery buy
-report
Petrobras nears Exxon Japan refinery buy -report
Fri Oct 05 11:47:08 UTC 2007
TOKYO, Oct 5 (Reuters) - Brazil's state oil company Petrobras
has entered the final stages of talks to
acquire an Exxon Mobil group refinery in Okinawa, Japan,
the Yomiuri Shimbun daily reported.
Exxon Mobil's TonenGeneral Sekiyu KK <5012.T> declined on Friday
to comment on the report, which did not identify its sources.
"It would be inappropriate to discuss or speculate on any particular
opportunities that we may or may not be considering," an ExxonMobil
spokeswoman in Tokyo told Reuters.
Petrobras has been negotiating to buy the 100,000 barrels per day
Nishihara refinery operated by Nansei Sekiyu KK in the southern
Japanese island of Okinawa, industry sources have said.
Nansei Sekiyu is 87.5 percent owned by TonenGeneral while Japanese
trader Sumitomo Corp. <8053.T> owns the rest.
The daily reported that Petrobras is likely to acquire all of the 87.5
percent stake in Nansei held by TonenGeneral for several billion yen.
A Petrobras official declined to comment.
Oil traders have been closely following the development of the deal
since it first emerged about about a year ago. One trader said last
week that the two companies were likely to have entered the final
stages of negotiations.
Petrobras Director Nestor Cervero said last month that talks were
continuing but declined to speculate if and when a deal might be
sealed.
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