Skip to main content

Shell announces sale completion of New Zealand entities

Published by
Tanks and Terminals,


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/

You might also like

US LNG critical to emissions reduction

A new study released by API and conducted by researchers at ICF has examined the environmental benefits of US LNG use in China, Germany, and India.

 
 

Embed article link: (copy the HTML code below):