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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 | 64.24 KB