HONG KONG, Nov 25 (Reuters) - Asia's top oil refiner China Petroleum and Chemical Corp and U.S. private equity firm TPG have not considered a bid to buy bankrupt chemical company LyondellBasell Industries, said a source close to the situation on Wednesday.
'That's completely incorrect,' said the source, commenting on a Bloomberg report that the oil refiner and the U.S. private equity firm had weighed a bid for LyondellBasell.
A spokesman for Sinopec, the publicly listed unit of China Petroleum, denied that his company had ever considered such a bid.
It was not immediately clear whether the Bloomberg report referred to publicly listed Sinopec or its state-owned parent.
(Reporting by Alison Lui and George Chen; Editing by Chris Lewis)
