Shell sells Australian LNG project stake to GIP in $2.5B deal
Dec 21st, 2020
by John Donovan.


Shell sells Australian LNG project stake to GIP in $2.5B deal
- Royal Dutch Shell (RDS.A, RDS.B) agrees to sell a 26.25% interest in the Queensland Curtis LNG Common Facilities in eastern Australia to Global Infrastructure Partners for US$2.5B.
- Shell will remain a 73.75% majority owner and operator of the Common Facilities, which include liquefied natural gas storage tanks, jetties and operations infrastructure that service the QCLNG facility’s production units.
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Posted in: Australia, Gas, LNG, Royal Dutch Shell Plc, Shell.
Tagged: Australia · Gas · LNG · Royal Dutch Shell Plc · Shell
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