VOL. XLIV

No. 27

2-July-2001

LIBYA

Eni Sells Italian Downstream Assets To Tamoil

Italys Eni on 27 June announced it would sell downstream assets comprising refining capacity and service stations belonging to its Agip Petroli division to Tamoil, which is owned by Libya. Eni said it was selling 217 service stations, representing 1% of the total Italian retail market, and around 18,500 b/d of refining capacity to Tamoil. The service stations, some of which are currently operating under the IP brand,...