Russia"s state-owned energy giant Gazprom...

Gazprom is expected to file an offer this week for a network of 800 petrol stations and the Lindsey oil refinery at Killingholme, Lincolnshire, the paper said.

The assets have been put up for sale by the French oil group Total. It has hired JP Morgan, the investment bank, to sell its U.K. business, which employs 5,000 people. The business is expected to fetch more than 1 billion British pounds ($1.49 billion), the paper said.

"The auction is part of a remarkable shake-up of Britain"s oil refining and distribution industry. Half of the refining capacity, built up in the 1960s and 1970s to take production from a booming North Sea, is up for sale as energy giants look to sever ties with the low-margin, low-growth British market," the paper said.

Gazprom is expected to bid for the Total assets through its oil arm, Gazprom Neft. Total"s assets put up for sale also include the 247 km (153 mile) underground pipeline from Lindsey to the Buncefield fuel depot, which serves

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