The Albanian government is considering an offer for a majority stake,in its oil refiner and products distributor ARMO from UK-based engineering firm Petrofac after failing to receive any bids in a formal auction,an Albanian energy ministry official said May 9.Albania received no formal offers for a 76% stake in ARMO,or for 51% of its state-run drilling and oil services company Serv-com,after the submission deadlines for both sales expired May 6 and May 9,respectively,the official said.
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