Total sells refinery

The French oil company hands over its Lindsey refinery in the UK to British Prax Group.


Total is getting rid of its Lindsey refinery in Immingham, UK, which has an annual production capacity of 5.4 million tonnes, the company confirms in a press release on Monday.

The buyer is British firm Prax Group, which specializes in trading oil products. For Total, the divestment is a part of a portfolio narrowing, says Bernard Pinatel, the group's president of Refining & Chemicals.

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