Shell announces sale completion of New Zealand entities
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Alex Hithersay Editorial Assistant
Tanks and Terminals,
Wednesday, 02 January 2019 10:30
Royal Dutch Shell plc (Shell) has completed the sale of its shares in Shell entities in New Zealand to OMV for US$578 million.
This includes the Maui, Pohokura, and Tank Farm assets, and the sale of Shell’s interest in (and operatorship of) the Great South Basin venture, which was subject to a separate agreement.
Read the article online at: https://www.tanksterminals.com/storage-tanks/02012019/shell-announces-sale-completion-of-new-zealand-entities/
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