30 March 2012 16:49 [Source: ICIS news]
In November last year, SOCAR said it planned to acquire the Swiss downstream fuels business of ExxonMobil, Esso Schweiz, which includes more than 170 petrol service stations. That deal is expected to be completed in the third quarter of 2012.
An official at SOCAR’s offices in
Petroplus said it could not comment on the status of its five refineries, as the plants are now under the control of insolvency administrators in
Petroplus added that it plans to delist its shares from
In related news, a Swiss regional authority said last week it would not allow the restart of the Tamoil refinery at Collombey if the refinery does not implement a number of environmental improvements during upcoming maintenance turnarounds.
The plants at Cressier and Collombey are
(€1 = Swfr1.20)
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