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 selling non-core assets in order to further high-grade and simplify Shell’s portfolio. The sale will contribute to Shell’s expected divestment proceeds, without impact on people or the operations of the QCLNG venture, and aligns Shell’s interest in the Common Facilities with its 73.75% interest in the overall QCLNG venture.