Royal Dutch Shell Plc  .com Rotating Header Image

Shell Boosts its Leadership in Global LNG

Screen Shot 2013-06-25 at 08.12.06

Shell Boosts its Leadership in Global LNG With the Completion of Repsol S.A. LNG Deal

THE HAGUE, January 2, 2014 /PRNewswire/ —

Royal Dutch Shell plc today announces the successful completion of the acquisition of Repsol S.A.’s liquefied natural gas (LNG) portfolio outside North America for a headline cash consideration of $4.1 billion. As part of the transaction, Shell will also assume $1.6 billion of balance sheet liabilities relating to existing leases for LNG ship charters, substantially increasing the shipping capacity available to Shell’s world-class LNG marketing business.

FULL ARTICLE (The Wall Street Journal news department was not involved in the creation of this content.)

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

0 Comments on “Shell Boosts its Leadership in Global LNG”

Leave a Comment

%d bloggers like this: