Dec 20 2011 |
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Repsol: Should Prepare To Shift Crude Mix If Iran's Is Embargoed
Tuesday, Dec 20, 2011
MOSCOW (Dow Jones)-- Repsol YPF SA (REP.MC) Chief Executive Antonio Brufau said Tuesday that the compnay should be prepared to get crude from other sources in case imports from Iran are banned.
"We have to be prepared to change our crude mix," Brufau told journalists in Moscow. "This won't be very difficult."
Brufau was in Russia to sign a joint venture with Sweden-listed Alliance Oil Ltd. (AOIL-SDB.SK).
(William Mauldin in Moscow contributed to this article.)
20-12-11 1020GMT
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