Following the sale of its German refinery in late August, it will be the second European refinery deal for Shell in a short period, provided the companies sign the deal, Reuters reported.
The talks for the potential sale of Shell’s downstream businesses in both the countries included the Gothenburg refinery, according to the company.
As part of its plan to divest about 15% of its refining assets, Shell has been looking for buyers for other refineries in Europe.
The Gothenburg refinery, which has a capacity to process about 78,000 barrels of crude oil per day, can handle primarily low-sulphur, light crude from the North Sea but not high-sulphur crude.
