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Shell to sell stake in sadaf chemicals joint venture in Saudi Arabia to Sabic

Jan 22, 2017

Shell and SABIC have signed an agreement whereby SABIC will acquire Shell’s 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for $820 million. The SADAF joint venture encompasses six world-scale petrochemical plants with a total output of more than 4 million metric tons per year.  This announcement marks an early termination of the joint venture agreement which was due to expire in 2020.

Shell update on Pearl GTL production

Dec 23, 2016

The Hague, Shell today announced its Pearl gas-to-liquids (GTL) plant in Ras Laffan Industrial City, Qatar, is currently operating at a reduced rate of production due to unforeseen maintenance required on some or all of the plant’s 18 gasifier units.

Shell completes the sale of Shell Refining Company in Malaysia

Dec 22, 2016

Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of Malaya) Berhad (SRC) in Malaysia, which includes the 125,000 barrel per day refinery in Port Dickson, to Malaysia Hengyuan International Limited (MHIL) for $66.3 million.

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