Shell Gas has completed the acquisition of a 26 percent equity interest in the Hazira LNG from Total Gaz Electricité. The acquisition brings Shell’s its equity interest to 100 percent.
The transaction “further enables Shell to contribute towards India’s long-term need for more and cleaner energy solutions,” according to a statement published on Shell’s website.
Having commercial and operational flexibility over Hazira will further enable Shell to offer better customer value propositions and help the company build a pan-India gas business.
For more information visit www.shell.com
14th January 2019