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Valero eyes UK for refinery purchase

PHOENIX (Reuters) - Valero Energy <VLO.N> Chief Executive Bill Klesse said on Sunday the company was interested in buying a refinery in the United Kingdom. "We are interested in looking at the UK refineries," said Klesse.

22 March 2010 01:49 GMT

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PHOENIX (Reuters) - Valero Energy Chief Executive Bill Klesse said on Sunday the company was interested in buying a refinery in the United Kingdom.

"We are interested in looking at the UK refineries," said Klesse.

Earlier this month, Chevron said it was putting its Pembroke refinery on the block. French major Total S.A. is expected to put its Lindsay refinery in the U.K. up for sale to meet its goal to cut refinery capacity.

Klesse said he does not anticipate Valero putting any more of its refineries up for sale.

(Reporting by Kristen Hays and Janet McGurty in Phoenix, editing by Matthew Lewis)

(c) Reuters 2012. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

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