Shell Agrees To Sell 16.67% Stake In North West Shelf Project For $1.45 Billion Base Consideration

By Reuters News

- Shell PLC SHEL.L:

  • SHELL: SHELL PLC TARGETS LNG SALES GROWTH OF 4-5% PER YEAR TO 2030

  • SHELL: AGREES TO SELL INTEREST IN NORTH WEST SHELF PROJECT

  • SHELL: SHELL AUSTRALIA PTY LTD SIGNED AN AGREEMENT TO SELL ITS 16.67% NON-OPERATED INTEREST IN THE NORTH WEST SHELF (NWS) PROJECT

  • SHELL : AGREES TO SELL 16.67% STAKE IN NORTH WEST SHELF PROJECT FOR $1.45 BILLION BASE CONSIDERATION

  • SHELL: TRANSACTION EXPECTED TO CLOSE IN 2027


Further company coverage: SHEL.L

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