Shell to retain ownership of A/S Dansk Shell
1/2/2018 8:37:37 AM
Shell announces today that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.
A/S Dansk Shell, including the refinery and local trading and supply activities, will remain under Shell’s ownership and continue business as usual.
Shell Group’s $30 B divestment program remains on track to complete in 2018, with deals worth $23 B completed, $2 B announced and $5 B in advanced progress.
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