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Shell sells stake in QCLNG to Global Infrastructure Partners


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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. ....

Qgc Common Facilities Company Pty Ltd , Facilities Company Pty Ltd , Queensland Curtis , Common Facilities , Global Infrastructure Partners Australia , வசதிகள் நிறுவனம் ப்டி லிமிடெட் , குயின்ஸ்லாந்து கர்டிஸ் , பொதுவானது வசதிகள் , உலகளாவிய உள்கட்டமைப்பு கூட்டாளர்கள் ஆஸ்திரேலியா ,

Australia: Shell sells minority interest in QCLNG Common Facilities infrastructure for US$2.5 billion


Australia: Shell sells minority interest in QCLNG Common Facilities infrastructure for US$2.5 billion
21 Dec 2020
Shell, 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. ....

Qgc Common Facilities Company Pty Ltd , Facilities Company Pty Ltd , Queensland Curtis , Common Facilities , Global Infrastructure Partners Australia , வசதிகள் நிறுவனம் ப்டி லிமிடெட் , குயின்ஸ்லாந்து கர்டிஸ் , பொதுவானது வசதிகள் , உலகளாவிய உள்கட்டமைப்பு கூட்டாளர்கள் ஆஸ்திரேலியா ,

Shell Makes $2.5B QCLNG Deal


QGC Common Facilities Company Pty Ltd, a wholly owned subsidiary of Shell (NYSE: RDS.A), has agreed the sale of a 26.25 percent interest in the Queensland Curtis LNG (QCLNG) Common Facilities.
QGC Common Facilities Company Pty Ltd, a wholly owned subsidiary of Shell (NYSE: RDS.A), has announced that it has agreed the sale of a 26.25 percent interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for $2.5 billion.
The Common Facilities are currently 100 percent owned by Shell and include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains. Upon completion of the deal, Shell will remain the majority owner and operator of the Common Facilities. The transaction is subject to regulatory approval in Australia and customary conditions and is expected to close in the first half of next year. ....

Qgc Common Facilities Company Pty Ltd , Facilities Company Pty Ltd , Queensland Curtis , Common Facilities , Global Infrastructure Partners Australia , Infrastructure Partners Australia , Global Infrastructure Partners , வசதிகள் நிறுவனம் ப்டி லிமிடெட் , குயின்ஸ்லாந்து கர்டிஸ் , பொதுவானது வசதிகள் , உலகளாவிய உள்கட்டமைப்பு கூட்டாளர்கள் ஆஸ்திரேலியா , உள்கட்டமைப்பு கூட்டாளர்கள் ஆஸ்திரேலியா , உலகளாவிய உள்கட்டமைப்பு கூட்டாளர்கள் ,