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In Money Matters

Shell sells its Queensland Curtis Island LNG plant

29th May 2020

Shell sells its Queensland Curtis Island LNG plant Pin It

Shell oil and gas giant has started a sales process for LNG assets in Australia. It was reported by the The Australian business newspaper, without mentioning the sources.

These are infrastructure assets related to the Queensland Curtis Island LNG plant. The scaffolding, storage facility and other utilities could be worth up to $2.5 billion, reports said.

The sales process is expected to be completed this year. Shell declined to comment.

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