Shell weighs sale of $2 billion-plus stake in Queensland LNG facilities
6/3/2020
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, according to a sale flyer reviewed by Reuters. “Royal Dutch Shell plc is considering a sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities - a multibillion dollar investment opportunity,” the sale flyer said. The sale process is being run by Rothschild & Co and is due to be completed in 2020, the document showed. Shell declined to comment on what it called market speculation. Rothschild also declined to comment. The facilities in which it might sell a stake could fetch between $2 billi
