LSE:SHELOil and Gas
Shell Weighs North West Shelf Exit And Future LNG Cash Flows
Shell is reportedly exploring a sale of its stake in the North West Shelf LNG project, Australia's largest LNG facility.
Interest is said to be coming from Abu Dhabi's XRG fund and Japanese consortia, which are preparing potential bids.
The discussions focus on a core LNG asset that has long been important to regional energy flows and global gas markets.
For investors watching LSE:SHEL, this potential divestment sits against a backdrop where the shares last closed at £29.44. Over the past...