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Talks End on Sale of Shell’s MiRO Refinery Stake: Reuters

OIL PRODUCTS

Talks on the sale of Shell’s 32.5% stake in the MiRO refinery in Germany’s Karlsruhe to Czech state-owned MERO have ended without an agreement, according to Reuters.

  • The Czech government has been strengthening its role in the energy sector, having bought domestic gas storage and transit networks.
  • MERO has been investing in capacity expansion of the TAL oil pipeline from Italy to Germany that supplies both Czech refineries and the MiRO refinery.

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