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Gazprom Neft Looking at Bid for Hellenic Petroleum, Dyukov Says

OAO Gazprom Neft (SIBN), the oil producing arm of Russia’s natural-gas monopoly, is considering a bid for Hellenic Petroleum SA (ELPE), Greece’s biggest refiner, Gazprom Neft Chief Executive Officer Alexander Dyukov said.

The St. Petersburg, Russia-based company, has not made a decision on whether to bid for the refinery, he said.

Greece plans to sell its stake in Athens-based Hellenic Petroleum this year.

To contact the reporter on this story: Stephen Bierman in Moscow at sbierman1@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net

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