Tue Nov 3, 2009 7:16am EST
NEW DELHI, Nov 3 (Reuters) – India’s Essar Oil (ESRO.BO) said on Tuesday its exclusive talks with Royal Dutch Shell Plc (RDSa.L) to buy three of the global oil major’s European refineries will run until Nov 30.
The talks were announced on Friday. [ID:nLU627560]
Essar Oil Chief Executive Naresh Nayyar told reporters the deal was being pursued as part of plans to have a refining capacity of 1 million barrels a day.
� Thomson Reuters 2009 All rights reserved