Shell (SHEL.US) plans to sell Cyprus assets for up to $720 million, focusing on liquefied natural gas business.
智通财经2026/07/31 08:29According to Zhitong Finance APP, Shell (SHEL.US) announced on Friday that it has agreed to sell its subsidiary BG Cyprus to the Hungarian oil and gas company MOL Group, with the transaction amount reaching up to $720 million. This move marks a further strategic shift by the British energy giant toward a focus on the liquefied natural gas (LNG) business.
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