Shell: the sale of A/S Dansk Shell will not complete

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell announces today (Jan 2, 2018) that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.

A/S Dansk Shell, including the refinery and local trading and supply activities, will remain under Shell’s ownership and continue business as usual.

Shell Group’s $30 billion divestment programme remains on track to complete in 2018, with deals worth $23 billion completed, $2 billion announced and $5 billion in advanced progress.

Enquiries:
Shell Media Relations:
International +44 (0) 20 7934 5550

Source: Shell

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