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Czech Industry Minister says Shell offering refinery stake

Tue, 16th Apr 2013 09:22

PRAGUE, April 16 (Reuters) - Royal Dutch/Shell isoffering to sell its minority stake in Czech oil refineries andthe government will consider the offer, Industry and TradeMinister Martin Kuba said on Tuesday, confirming an earliermedia report.

Kuba told reporters that buying the 16.33 percent stake inCeska Rafinerska refining group would only make sense under awider consolidation of assets in the oil industry that wouldalso include state pipeline companies, Mero and Cepro.

He said he would propose a plan for such consolidation to ameeting of economic ministers soon, possibly within a month.

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