Business3 sources

Shell sells North West Shelf stake to XRG for $1.45 billion

  • Shell is selling its stake in the North West Shelf LNG plant.
  • The buyer is Abu Dhabi's XRG.
  • The transaction amount is $1.45 billion.
  • This move is part of Shell's strategy to divest mature assets.
  • The deal has been reported by multiple financial news outlets.
Shell sells North West Shelf stake to XRG for $1.45 billion | Split Angle