Grupo Magtel could negotiate with Government of Iran creating oil refinery in Spain
Grupo Magtel estaría negociando con el Gobierno de Irán la creación de una refinería petrolífera en España
Intel ID : 233105
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Grupo Magtel, based in Spain, could be negotiating with Government of Iran the creation of an oil refinery in Spain. This possible agreement would be carried out through Iran state-owned company National Iranian Oil Refining & Distribution Company (NIORDC), as published by newspaper Expansión on 19 January 2016. Last week, declarations by Abbas Kazemi, Iranian Deputy Minster of Petroleum and head of National Iranian Company, were disclosed, where he announced the Iranian government's intention to create a company, held by NIORDC with 50% and Spanish partners with 50%, as well as rumors of Spanish companies already negotiating with NIORDIC. (See related Intel). Government of Iran may be seeking a third partner, possibly Spain-based Repsol (BME: REP; BASE: REP) or Cepsa.
(content in spanish)
El Grupo Magtel, con sede central en España, podría estar negociando con el Gobierno de Irán la creación de una refinería petrolífera en Algeciras (Cádiz), mediante un acuerdo que se realizaría a través de la sociedad estatal iraní National Iranian Oil Refining & Distribution Company (NIORDC), según ha señalado el diario Expansión el 19 de enero de 2016. La semana pasada ya se habían hecho públicas las declaraciones de Abás Kazemi, viceministro de Petróleo iraní y director gerente de la Compañía Nacional Iraní, donde afirmaba que la intención del Gobierno iraní era crear una empresa participada al 50% por NIORDC y 50% por socios españoles, así como, los rumores de la existencia de empresas españolas que ya podrían estar en negociaciones con NIORDIC. (Ver Intel relacionado). El Gobierno de Irán podría estar buscando un tercer socio, posiblemente las españolas Repsol (BME: REP; BCBA: REP) o Cepsa. |
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| Native Currency | Euro (EUR) | |||||
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Financial Data - Grupo Magtel
(31 Dec 2023) |
Revenue: EUR 114,90m EBITDA: EUR 3,87m People: 608 |
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20.02.02 Multiline Oil & Gas 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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20.04.01 Biofuels 20 Energy & Utilities / 20.04 Renewable Energy 20.04.05 Hydrogen 20 Energy & Utilities / 20.04 Renewable Energy |
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35.03.03 Construction & Engineering (Non Residential) 35 Industrials / 35.03 Construction & Engineering |
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35.03.05 Homebuilders (Residential) 35 Industrials / 35.03 Construction & Engineering 60.02.01 Integrated Communication Services 60 Telecommunications / 60.02 Telecommunications & Networking Services |
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20.02.05 Oil & Gas Exploration & Production (Upstream) 20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels |
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20.04.08 Solar Power 20 Energy & Utilities / 20.04 Renewable Energy |
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50.01.01 Executive & Legislative Offices/Bodies 50 Public Services & NGOs / 50.01 Government & Public Administration |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.