{"id":410190,"date":"2021-04-09T16:42:53","date_gmt":"2021-04-09T11:12:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410190"},"modified":"2021-04-09T16:42:53","modified_gmt":"2021-04-09T11:12:53","slug":"shell-sells-norwegian-lng-business-to-spains-molgas","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/shell-sells-norwegian-lng-business-to-spains-molgas\/","title":{"rendered":"Shell sells Norwegian LNG business to Spain&#8217;s Molgas"},"content":{"rendered":"<p>The Norwegian subsidiary of energy firm Shell has sold its downstream liquefied natural gas (LNG) subsidiary Gasnor to Madrid-based Molgas Energy Holding for an undisclosed sum, it said on Thursday.<\/p>\n<p>The transaction transfers all of Norske Shell&#8217;s complete shareholding in Gasnor to Molgas and includes all of Gasnor&#8217;s assets and 52 staff, it said.<\/p>\n<p>Gasnor is a downstream LNG company with small scale LNG production facilities headquartered in Avaldsnes, Norway.<\/p>\n<p>Shell has owned the firm since 2012.<\/p>\n<p>The transaction has an effective date of Jan 1 2020.<\/p>\n<p>The sale of Gasnor has no effect on the operations or organisation of Norske Shell, it said.<\/p>\n<p>The divestment also does not affect Shell&#8217;s interests in Shell&#8217;s LNG Gibraltar terminal, where Gasnor will continue to provide operator services.<\/p>\n<p>Molgas is owned by InfraVia, a French independent private equity firm specialising in infrastructure and technology investments. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Norwegian subsidiary of energy firm Shell has sold its downstream liquefied natural gas (LNG) subsidiary Gasnor to Madrid-based Molgas Energy Holding for an undisclosed sum, it said on Thursday. The transaction transfers all of Norske Shell&#8217;s complete shareholding in Gasnor to Molgas and includes all of Gasnor&#8217;s assets and 52 staff, it said. Gasnor is a downstream LNG company with small scale LNG production facilities headquartered in Avaldsnes, Norway. Shell has owned the firm since 2012. The transaction has an effective date of Jan 1 2020. The sale of Gasnor has no effect on the operations or organisation of [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-410190","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=410190"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410190\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}