Repsol sells LNG assets to Shell for $4.1 bn | Bangkok Post: news

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Repsol sells LNG assets to Shell for $4.1 bn

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Spanish oil group Repsol announced Thursday it has sold liquefied natural assets to Royal Dutch Shell for $4.1 billion (3 billion euros), slashing its heavy debt load. 

Spanish oil group Repsol announced Thursday it has completed the sale of its liquefied natural assets to Royal Dutch Shell for $4.1 billion (3 billion euros), slashing its heavy debt load

Repsol handed over its LNG assets in Peru and Trinidad and Tobago to Shell, the world's biggest LNG supplier, as part of a huge debt-reduction plan.

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