25 Apr 2024
Tuesday 4 December 2012 - 12:32
Story Code : 12769

Iran group to bid for troubled French refinery-paper

Iran group to bid for troubled French refinery-paper
Dec 4 (Reuters) - Iranian group Tadbir Energy will submit a bid for the Petit-Couronne oil refinery from insolvent owner Petroplus at a court hearing on Tuesday, French daily Le Figaro said, without citing its sources.
TadbirEnergy, a unit of the Imam Khomeini foundation, will offer to buy France's oldest refinery with a guarantee to keep the 550 staff it employs, the paper added.

Iranian oil imports are forbidden since July in the European Union, the paper said.

Other bidders for the plant located in Normandy, northwestFrance, include the Libyan Investment Authority and NetOil, a firm led by Middle Eastern businessman Roger Tamraz.

By Reuters

 

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