Completing the divestment of non-integrated downstream assets in Latin America
Repsol sells stake in REFAP refinery for 350 million dollars
Press Release
14/12/2010 00:00
- Additionally Repsol will reduce debt by approximately $500 million.
- The sale will free Repsol of $355 million in investment commitments.
- The deal marks the completion of the programme to divest non-integrated downstream assets in Latin America.
- At the start of October Repsol signed an alliance with China’s Sinopec to create one of Latin-America’s largest privately-owned energy companies.
14 December 2010 - 00:00 CET | PDF | 67.52 KB