Shell is in talks with ADNOC and Midocean Energy on the potential sale of its minority stake in the Australian North West Shelf LNG project, Bloomberg has reported, citing unnamed sources. The supermajor holds a 16.67% in the project, which is worth some $24 billion. An earlier Bloomberg report said Shell had started considering a sale following changes to how the North West Shelf project would operate, namely as a so-called third-party tolling facility, meaning buyers of the gas pay a fee to have it liquefied. Woodside’s North West Shelf…
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