XRG to Acquire Shell’s Australian LNG Stake for $1.45 Billion
XRG agreed to acquire Shell’s interest in Australia’s North West Shelf project for $1.45 billion, subject to regulatory approvals and customary closing conditions.
By Staff WriterXRG today announced it has entered into an agreement to acquire Shell’s interest in the North West Shelf project in Western Australia, for $1.45 billion, subject to regulatory approvals and customary closing conditions.The acquisition represents XRG’s first investment in Australian L…