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Saudi investors eye investment in German oil refinery

A Saudi Arabian trust is interested in purchasing the Wilhelmshaven oil refinery in Germany put up for sale by US group ConocoPhillips, broadcaster NDR reported on its website this month.

The prospective buyer, who has links to the Saudi king, is keen to process Saudi crude at the site and is pushing for talks with ConocoPhillips - Bloomgerg is reporting.

To see list of Saudi and other Middle Eastern investors, check our Middle East Investors Directory

More details follows from Reuters

May 22, 2011 | Filed under Middle Eastern Family Offices, Saudi Investors

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