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Rosneft, Saras eying Shell's Italy petrol station network - Saras exec

Wed, 15th May 2013 14:03

MILAN, May 15 (Reuters) - Russian oil company Rosneft and Italian refiner Saras could be interestedin buying the Italian petrol distribution network Royal DutchShell is thinking of selling, Saras managing directorsaid on Wednesday.

"I think they (Rosneft) are probably going to take a look(at the Shell assets) and we hope to be able to cooperate withthem," Dario Scaffardi said in a conference call.

Saras is controlled by the Italian Moratti family but inApril Russia's Rosneft agreed to take a stake of up to 21percent.

Scaffardi also said the refiner could consider a sale of itswind power assets if the right offer came along but added it wasnot a priority.

Saras's chief financial officer, Corrado Costanzo, also saidthe group's buyback programme, announced last year, would notinvolve "a massive purchase" of shares.

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