Royal Dutch Shell Plc  .com Rotating Header Image

Repsol Nears LNG Assets Sale to Shell for Up to EUR1.7 Billion -Report

Screen Shot 2013-02-02 at 21.39.05

Dow Jones Newswires: Published February 25, 2013

Spain’s Repsol SA may announce this week the sale of several of its liquefied natural gas assets to Royal Dutch Shell PLC for a total between 1.50 billion euros ($1.98 billion) and EUR1.7 billion, reports Expansion, citing financial sources.

Repsol’s regasification plant in Canada will be excluded from the sale to Shell, as it is operating below its capacity and likely would force Repsol to make provisions on that asset, the paper adds.

Repsol’s other LNG assets are located in Peru, Trinidad and Tobago and Spain.

Newspaper website: www.expansion.es

Write to Enza Tedesco at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Copyright © 2013 Dow Jones Newswires

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.