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Associated Press: Shell May Sell Some Refinery Assets

Thursday January 11, 12:55 pm ET 
Shell Reviewing Some Refinery Assets for Possible Sale

AMSTERDAM, Netherlands (AP) — Royal Dutch Shell PLC said Thursday it would conduct a “strategic review” of some refinery assets, an indication it may sell them.

The assets include the Petit-Couronne and Reichstett-Vendenheim refineries and the Berre-l’Etang refinery site complex in France, with a combined capacity of around 300,000 barrels per day, and the Yabucoa plant in Puerto Rico, which has a capacity of 79,000 barrels per day, Shell said.
Shell is also reviewing operations in the Dominican Republic, where it owns a 50 percent stake in the 30,000 barrels per day Refidomsa refinery.

“The assets we’re reviewing are important to their markets, and in fact a number of parties have approached us with an interest in purchasing them as going concerns,” Rob Routs, head of Shell’s refining arm, said in a statement.

“We’re looking closely at how these assets can generate best value for our shareholders. This review is part of our ongoing strategy to streamline and concentrate our … portfolio,” he said in the statement.

Shell said that any sale would require regulatory approval, and that it would update the market “on these strategic reviews as they are concluded.” and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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