Eni agrees to sell refining activities in the Czech Republic, Slovakia and Romania

Eni signed in Budapest an agreement with MOL Group, a Hungarian oil&gas company, for the sale of its 32.445% stake in Česká Rafinérská a.s. (CRC), a refining company in the Czech Republic.

The transfer is subject to the preemption right on the part of the other partner in CRC, Unipetrol, which will be able to purchase the share under the conditions agreed with MOL.

On the same day, Eni signed further agreements for the sale of its subsidiaries Eni Česká Republika, Eni Slovensko and Eni Romania to MOL Group. These subsidiaries operates in the Refining & Marketing business, with activities in Czech Republic, Slovakia and Romania respectively.