Italy's No.3 oil refiner Saras is looking to Russia, Iran and other Caspian countries to replace crude oil
Reuters
04-Mar-2011

MILAN, Feb 25 (Reuters) - Italy's No.3 oil refiner Saras (SRS.MI: Quote) is looking to Russia, Iran and other Caspian countries to replace crude oil shipments from Libya which have virtually halted amid growing turmoil, its general manager said on Friday.

Saras is traditionally a big buyer of Libyan crude with about 40 percent of its oil supplies in 2009 coming from North Africa, mainly Libya. In recent years it has been shifting its supply focus more towards the Caspian area and Russia.

>>>
recommended by didani

Balatarin
Share/Save/Bookmark