Royal Dutch Shell is in exclusive talks with the Finnish fuel distributor St1 to sell the oil major's Swedish refinery, it has been announced.
The Gothenburg refinery has simple-to-medium complexity, allowing it to process low-sulphur light crude from the North Sea; but not high-sulphur crude.
With a processing capacity of about 78,000 barrels of crude oil per day, the refinery supplies the domestic market with specialist fuels, such as diesel that does not freeze in the cold Scandinavian climate.
