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Shell to reduce Queensland Curtis ownership

Shell is offloading a 26.5 per cent interest in the Queensland Curtis LNG (QCLNG) common facilities to Global Infrastructure Partners Australia for $US2.5 billion ($3.25 billion). The facilities, currently 100 per cent owned by Shell, include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains. Shell, which announced the deal in late …
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