SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Shell Sells North West Shelf LNG Stake to XRG for $1.454 Billion

Shell said the disposal is part of its strategy to recycle capital from mature assets and focus investment on businesses where it has greater scale and operational control.

SHELXRG

The disposal is part of Shell's ongoing strategy of recycling capital from mature assets and focusing investment on businesses where it has greater scale and operational control, the company said in a statement on Tuesday.NWS is one of Australia's largest and longest-running LNG developments, centr…

Related stories