Norsk Hydro Out of ScanraffNorsk Hydro a S A • September 19th, 2003 • Crude petroleum & natural gas
OSLO, Norway, Sept. 18, 2003 (PRIMEZONE) -- Norsk Hydro (NYSE:NHY) (Pink Sheets:NHYAF) (Pink Sheets:NHYKF) has signed an agreement relating to the sale of the company's 25 percent share in the Scanraff oil refinery at Lysekil in Sweden to the oil company Preem, which already owns the remaining 75 percent of the refinery. Scanraff is the largest refinery in the Nordic region, and one of the most modern in Europe, with an annual processing capacity of 10 million tonnes.
