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BP is seeking to sell its service stations in Germany

Saturday Jul 31, 2010

BP wants to sell its network of Aral gas stations in Germany for about two billion euros, the German weekly reported on Saturday Wirtschaftswoche, citing banking sources.

The French Total, the Russian Rosneft and as the European Avia Service Station are among the possible buyers, the newspaper business.Rosneft is also interested in two refineries that BP has in Germany, says he.

BP, Rosneft and Total had no immediate comment.

The British oil giant recently announced its intention to sell for $ 30 billion in assets over the next 18 months to meet the cost of the oil spill in the Gulf of Mexico.

Sources close to the industry, the sale is deemed unlikely because the chain of service stations is included in BP's refining operations and disposals of assets of the company focus more on the upstream oil and gas fields and gas.

Aral is the market leader Germany with about 2,400 service stations operating under its brand, according to its website.BP acquired the chain in 2002 as part of a broader agreement with the German energy group E. ON

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