Unipetrol gets dividend from refinery venture

15.12.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech downstream oil group Unipetrol said on Friday it would receive 124.5 million crowns ($5.89 million) as a pre-tax dividend from its ...

...refinery venture Ceska Rafinerska, in which it owns 51 percent.

The dividend is payable no later than Dec. 22, Unipetrol, controlled by Poland's PKN Orlen , said in a statement.

Rafinerska, the country's largest crude oil refinery, will pay out a total of 244.1 million crowns to shareholders.

The refinery, which processed 7.1 million tonnes of crude last year, is a joint venture between Unipetrol, ConocoPhillips , Italian oil company ENI and Royal Dutch Shell . Foreign partners each own 16.33 percent stakes.

[PRAGUE/Reuters/Finance.cz]

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