Russian energy company Gazprom OAO (GAZP.RS) is interested in buying a 20% stake in Spanish oil firm Repsol YPF SA (REP) put up for sale by Sacyr-Vallehermoso SA (SYV.MC), reports Expansion in its Friday Internet edition.
Also interested in the sale, handled by Dresdner Kleinwort, are French oil company Total SA (TOT) and Royal Dutch Shell PLC (RDSB.LN), the paper adds.
According to Spanish newspaper Gaceta de los Negocios, news of Gazprom's interest in Repsol may have trickled into the market following this week's meeting between Spanish Prime Minister Jose Luis Rodriguez Zapatero and Russian leader Dimitri Medvedev.