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.