Shell sells HK, Macau energy assets


Apr 6, 2017-

Royal Dutch Shell on Wednesday announced the sale of its liquefied petroleum gas business in Hong Kong and Macau to Irish group DCC Energy for US$150.3 million (141 million euros). “This sale supports Shell’s strategic commitment to focus downstream activities on areas where we can be most competitive,” said Shell Downstream Director John Abbott. Shell stressed that Hong Kong and Macau would remain “important markets for Shell”.

Published: 06-04-2017 10:06

User's Feedback

Click here for your comments

Comment via Facebook

Don't have facebook account? Use this form to comment