Focus topics

Shell wants to get rid of stake in Russian LNG plant

Energy giant Shell reportedly is in talks with Chinese companies to sell its stake in a major Russian gas project. The London-listed company is speaking with Chinese state oil companies CNOOC, CNPC and Sinopec about its 27.5 percent stake in the Sakhalin II liquefied natural gas venture, British newspaper The Telegraph reported on Thursday. According to the report, talks centered on the possible sale of Shell’s stake to one, two or all three companies. However, Shell is said to be open to potential buyers outside China as well.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now


    Xi arrives in Hong Kong
    International reputation suffers
    VW CEO: partners inform us about human rights
    Ifo: Reduce raw material dependence on China