January 21, 2019 / 3:46 PM / 10 months ago

Greece approves two consortia for Hellenic Petroleum bids

ATHENS, Jan 21 (Reuters) - Greece on Monday approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatisations agency said.

The consortia are: Glencore Energy with a unit of U.S.-based Carlyle Group; and Vitol Holding with Algeria-based Sonatrach.

Glencore and Vitol had already been shortlisted last summer.

Reporting by Angeliki Koutantou Editing by Karolina Tagaris

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