Page 6 - Common Facilities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Advertisement Shell has sold a minority interest in Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners. QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, has announced it has completed the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion, following the receipt of regulatory approval. The sale was announced on 21 December 2020, and is consistent with Shell’s strategy of selling non-core assets in order to further high-grade and simplify Shell�...

by Adnan Bajic The Hague-based oil and LNG major Shell has agreed to sell a minority stake in a QCLNG unit for a consideration of $2.5 billion. Shell said on Monday its QGC Common Facilities has agreed to sell 26.25 per cent in the Queensland Curtis LNG Common Facilities to Global Infrastructure Partners Australia. The Common Facilities are currently 100 per cent owned by Shell and include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains. Upon completion of the transaction, Shell will remain the majority owner and operator of the Common Facilities. Th...

The Shell-operated QGC will now be part-owned by another company following an agreement to sell a share in the operation. QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, on Monday announced it agreed to the sale of a 26.25 per cent interest in the Queensland Curtis LNG Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion (about $3.3 billion AUD). The Common Facilities is currently 100 per cent owned by Shell and includes LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains. Shell will remain majori...

Shell sells $2.5 bln stake in QCLNG unit December 21, 2020, by Adnan Bajic The Hague-based oil and LNG major Shell has agreed to sell a minority stake in a QCLNG unit for a consideration of $2.5 billion. Courtesy of Shell Shell said on Monday its QGC Common Facilities has agreed to sell 26.25 per cent in the Queensland Curtis LNG Common Facilities to Global Infrastructure Partners Australia. The Common Facilities are currently 100 per cent owned by Shell and include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s...

Advertisement QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, has announced it has agreed to the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion. The Common Facilities are currently 100% owned by Shell and include LNG storage tanks, jetties, and operations infrastructure that service QCLNG’s LNG trains. Upon completion of the transaction, Shell will remain majority owner and operator of the Common Facilities. This decision is consistent with Shell’s strategy of sellin...