Shell looks to raise $2 billion from sale of stake in Queensland LNG facilities

MELBOURNE (Reuters) - Royal Dutch Shell <RDSa.L> is looking to looking to raise more than $2 billion from the sale of a 26.25% stake in the common facilities at its Queensland Curtis LNG plant in Australia, according to a sale flyer seen by Reuters.

The sale, being run by Rothschild & Co, is described as a "multi-billion-dollar investment opportunity" is due to be completed in 2020, the document showed.

(Reporting by Sonali Paul in Melbourne and Paulina Duran in Sydney; Editing by Clarence Fernandez)

06/03/2020 6:44

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