"Today we have plenty of cash and [a sale] is not on our agenda,” said Repsol chief executive Antonio Brufau.

“For us, Gas Natural is an option... we are ready to keep or, in the case of finding something more attractive to be bought, then we could consider selling all or part,” Brufau told reporters on the sidelines of a plenary session at the 21st World Petroleum Congress in Moscow.

However,