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Essar Reopens Talks to Buy Shell’s Stanlow Refinery, Times Says

By Lucy Meakin – Jan 16, 2011 1:35 PM GMT+0000

India’s Essar Oil Ltd. reopened talks to buy Royal Dutch Shell Plc’s Stanlow refinery, the Sunday Times reported, citing an unidentified company spokesman.

Shell has given Essar six weeks to submit a firm bid for the U.K. facility, the London-based newspaper said, citing people close to the situation.

To contact the reporter on this story: Lucy Meakin in London at [email protected].

To contact the editor responsible for this story: Daniel Tilles at [email protected].

SOURCE ARTICLE

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