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Shell, TotalEnergies in negotiations over stake purchases in 3 days ago

Shell, TotalEnergies in negotiations over stake purchases in UAE's Ruwais LNG project

International oil and gas companies, including Shell and TotalEnergies, are currently engaged in negotiations to acquire stakes in the United Arab Emirates (UAE) new LNG export project, sources familiar with the matter revealed to Bloomberg on Tuesday. The project, named Ruwais LNG, is being developed by the UAE's state-owned firm ADNOC and is slated to feature two liquefaction trains with a combined capacity of 9.6 million metri... Read more

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