Total likely to hold onto UK Lindsey refinery -CEO

Related Topics

PARIS | Thu Jan 5, 2012 11:30am EST

PARIS Jan 5 (Reuters) - French oil major Total will probably keep its UK Lindsey refinery after failing to sell the plant during the last two years, Chief Executive Christophe de Margerie told reporters on Thursday.

The CEO had set a deadline of the end of 2011 to find a buyer for Lindsey after which Total would suspend the sale process until economic conditions improved in the European refining industry.

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.