LSE:SHELOil and Gas
Shell (LSE:SHEL) Weighs Majority Stake Exit From Malaysian Gas To Liquids Unit
Shell (LSE:SHEL) is reportedly weighing the sale of a majority stake in its Malaysian gas-to-liquids unit, Shell MDS (Malaysia) Sdn Bhd, as part of an ongoing review.
The potential transaction would involve a core specialty energy asset in Malaysia that converts natural gas into high value liquid products.
Management has confirmed a strategic review of the business, raising questions about Shell’s future role in Asian gas-to-liquids operations.
The move comes alongside separate U.S...