LNG

Jan 2 (LNGJ) - Repsol has formally completed the sale of LNG assets with the handover to Royal Dutch Shell of Peru and Trinidad liquefaction stakes after relevant authorizations were obtained. The combined transactions represent total proceeds for Repsol of $4.1Bln from the sale to Shell. Repsol and Shell have additionally signed an LNG supply agreement for about 1 million tonnes per annum over a 10-year period for the Canaport regasification terminal in Canada.