The deal is a landmark oil and gas transaction that could pave the way for similar infrastructure investment and one of Shell’s most significant commercial undertakings in Australia in recent years, Norton Rose said.
April 07, 2021 at 02:52 PM
1 minute read
Correspondent, Sydney
Global law firm Norton Rose Fulbright advised Shell on the sale of a $2.5 billion interest in its Australian LNG processing plant to an infrastructure fund advised by Australian firm Allens.
Shell sold a 26.25% interest in its Queensland Curtis LNG Common Facilities to Global Infrastructure Partners Australia, but remains the majority owner and operator of the facility.
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