Shell mulls the sale of three French refineries

Jan. 15, 2007
Royal Dutch Shell PLC said it is conducting a "strategic review" of a number of its refining and petrochemicals feedstock assets, which includes three of its French refineries.

Doris Leblond
OGJ Correspondent

PARIS, Jan. 15 -- Royal Dutch Shell PLC said it is conducting a "strategic review" of a number of its refining and petrochemicals feedstock assets, which includes three of its French refineries.

The assets include the Berre-L'Etang refinery and petrochemical units on the French Riviera, the Normandy-based Petit-Couronne facility, and the Reichstett-Vendenheim refinery near the German border.

The combined capacity of the three French refineries is 300,000 b/d. Shell holds a 100% stake in all three facilities.

Shell also included in its strategic review its 79,000 b/d Yabucoa petrochemical feedstock plant in Puerto Rico.