Azeri oil group interested in Rompetrol
Thursday, May 24, 2007
Azeri energy company Socar is interested in buying a stake in Romanian oil group Rompetrol as the two parties are working on a deal by which Socar would supply some 1 million barrels of oil monthly to Rompetrol, Reuters informs.The news comes as Rompetrol president Dinu Patriciu announced in late March that he was holding talks with six companies interested in taking over a minority state in the group through a capital boost that would allow the investor to take over between 10-25% of its ...