XRG acquires Shell's stake in Australian LNG project for $1.45 billion
SHEL Shell Plc ADR
$98.88 -0.21%
View chart & analysis → - 1XRG will acquire Shell's stake in the Woodside Energy-operated North West Shelf project for $1.45 billion.
- 2The deal includes Shell's 16.67% non-operating interest in the North West Shelf project and is expected to conclude in 2027.
- 3Shell continues to invest in global LNG and integrated gas, targeting an annual LNG sales growth rate of 4-5% through 2030.
So what's the key point?
XRG is acquiring Shell's stake in the Woodside Energy-operated North West Shelf project for $1.45 billion.
Source Bloomberg +2 · View original ↗
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