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By Maja Zuvela SARAJEVO, Nov 2 (Reuters) - Bosnian oil group Optima, owned by Russia's Zarubezhneft, may bid for a stake in fuel retailer Energopetrol if a regional government ends a deal with a consortium of Hungary's MOL and Croatia's INA . The consortium of oil and gas group MOL and INA acquired a 67 percent state stake in Energopetrol in 2007 for 10.2 million Bosnian marka ($7.7 million) and pledged a further 150 million marka investment. Prime Minister Mustafa Mujezinovic of Bosnia's Muslim-Croat federation said last week however his cabinet may terminate the deal because the consortium had breached contractual obligations towards the region's largest fuel retailer. Slavko Scepanovic, deputy manager of the Optima group that includes the Brod oil refinery, a motor oil plant in the northern town of Modrica and the Petrol distribution chain, said Optima was interested in Energopetrol. "We are looking to expand our distribution chain across Bosnia and may consider an eventual takeover of Energopetrol if the federation government decides to end the deal with MOL/INA," Scepanovic told Reuters by telephone. Optima has announced plans to set aside 200 million euro ($295.5 million) for the takeover of petrol stations, as well as a 1 billion euro investment to help boost oil refinery capacity from 1.2 to 4.2 billion tonnes of oil by 2015. "Once the Brod refinery increases its output, we will have to set up a large distribution chain both inside the country and across the region," Scepanovic said. Energopetrol operates 65 petrol stations in the federation. Optima group owns 78 stations in the Serb Republic and only 10 stations in the federation that it has recently acquired for an undisclosed amount of money. (Editing by Daria Sito-Sucic and David Holmes) ($1=.6769 Euro) Keywords: BOSNIA OPTIMA/ (maja.zuvela@reuters.com; +387 33 295 484; Reuters Messaging: maja.zuvela.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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