Shell in Talks With Adnoc, Others Over Australia LNG Stake Sale
Market Intelligence Analysis
AI-PoweredShell is in talks with Adnoc and other companies to sell a minority stake in its North West Shelf gas export plant in Western Australia, indicating a potential shift in its ownership structure.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
Shell Plc is in talks with companies including a unit of Abu Dhabi National Oil Co. over a minority stake in its A$34 billion ($24 billion) North West Shelf gas export plant in Western Australia, according to people with knowledge of the matter.
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