Trading minnow emerges as top contender for Uniper’s Fujairah refinery: sources
Little-known Swiss commodity trader Montfort is set to beat much larger rivals to acquire German utility Uniper SE’s refining and related businesses in the Middle East for nearly $80 million, several sources familiar with the matter said. The sale of Uniper Energy DMCC businesses that includes a 70,000 b/d topping refinery in the Middle East trading hub of Fujairah is…