Shell Seeks Tunisian Sale

Sunday, May 21, 2017

Reports have Shell looking to sell its gas assets in Tunisia. According to a Reuters report, the company is seeking around $500 million for its Tunisian assets.

The sale of the assets are part of the company’s attempt at reducing its debt following its acquisition of BG in 2016. Shell gained the Tunisian assets when it acquired BG.

The Tunisian assets include two offshore gas fields, the Miskar fully owned by Shell, and Hasdrubal 50% owned by Shell. They also include an onshore production facility.

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