Shell confirms sale for $650M to Malaysia and Indonesia of gas block stake underpinning large Asian LNG project
Tuesday, 25 July 2023
Malaysian energy company Petronas and Indonesian state-owned oil and gas company Pertamina have agreed with Shell to jointly acquire the UK company’s minority Masela natural gas block in Indonesian waters that will underpin the Abadi LNG export project in Indonesia and boost future cargo availability in the Pacific Basin.
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Tagged under
- Petronas LNG
- Pertamina LNG
- Malaysia oil and gas
- Indonesian oil and gas
- Abadi LNG
- Masela block gas
- Inpex LNG
- Inpex LNG project
- Shell LNG
- Shell oil and gas selloff
- Shell sale of Asian assets
- Shell oil and gas
- Shell Upstream Overseas Ltd
- Masela block gas fields
- Abadi gas project
- Zoe Yujnovich
- Shell Upstream
- Pakistan oil and gas
- Pakistan refining
