Bloomberg News

NIS in Talks to Buy OMV Petrom Stations:

December 05, 2012

Naftna Industrija Srbije AD, the Serbian oil and gas company controlled by OAO Gazprom Neft (GAZP), is in talks to buy 60 gas stations from Romania’s OMV Petrom SA (SNP), reported, citing unidentified industry people.

The companies are very close to reaching a deal on the sale of the gas stations in Romania and a final decision is expected from OMV AG (OMV), Petrom’s majority owner, according to the unidentified people cited by news website. Petrom, which also tried to sell its gas stations in Moldova, didn’t receive any offers for them, said.

OMV, which signed an agreement to sell its unit in Bosnia- Herzegovina to NIS and is selling its retail and commercial business in Croatia, hasn’t made further decisions to sell refining and marketing assets, Petrom said in an e-mailed response to Bloomberg News today.

“As a general rule, we do not comment on rumors,” the company said in the statement. “In view of a very tough business environment, OMV has decided to look at how the refining and marketing portfolio could be optimized.”

To contact the reporter on this story: Irina Savu in Bucharest at

To contact the editor responsible for this story: James M. Gomez at

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