LONDON, Dec 15 (Reuters) - Royal Dutch Shell andVaro Energy are in advanced talks on the sale of Shell's 37.5percent stake in the 220,000 barrels per day refinery inSchwedt, Germany, they said on Thursday.
The companies did not disclose the value of the deal.
Varo Energy, a joint venture between the world's biggest oiltrader Vitol and private equity firm Carlyle Group, owns arefinery in Cressier in Switzerland and the Bayernoil refineryin Germany.
Shell is in the midst of a $30 billion asset disposalprogramme following February's $54 billion acquisition of BGGroup.
(Reporting by Ron Bousso; editing by Susan Thomas)
BP (BP.)
