BRÈVE

sur ESSO (EPA:ES)

ESSO sells its refining activities to Rhône Energies

Graphique de l'évolution du cours de l'action ESSO (EPA:ES).

Esso SAF has completed the sale of its refining and logistics operations in the South of France to Rhône Energies. This transaction includes the Fos-sur-Mer refinery, as well as the Toulouse and Villette-de-Vienne depots. The personnel linked to these sites are transferred under the authority of Rhône Energies.

The Fos refinery, with an annual capacity of 7 million tonnes, will officially be managed by Rhône Energies from November 1, 2024. The total amount of the transaction reaches 130 million dollars, with a closing payment of 526 million including inventories.

Despite this sale, Esso continues to supply the French market. The company is committed to remaining a key player in the energy sector in the region.

R. H.

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