Russia's largest oil producer OAO Rosneft (ROSN.RS) may buy refineries in Europe, the company's Chief Executive Sergei Bogdanchikov said Tuesday.
"We're looking at lots (of refineries), but we need one that is economically reasonable," Bogdanchikov told journalists at a conference.
Russia oil companies have recently been buying downstream assets in Europe, and the country's second largest producer by volume, OAO Lukoil (LUKOH.RS) has acquired refineries in Italy and Holland.