11 jul: Bavarian/CEO: Udvidelse femdobler Imvamunes potentiale
11 jul: TDC/Berenberg: Grund til forsigtig optimisme
11-07-2012 09:06:00

Shell Acquires Norwegian LNG Fuel Company Gasnor For $74 Million

Relateret indhold

By Sarah Kent

LONDON--Royal Dutch Shell PLC (RDSB.LN) said Wednesday it has agreed to acquire Norwegian liquefied natural gas producer and distributor, Gasnor, for $74 million.

Shell said the acquisition will help establish a sales and marketing arm for transport fuel made from LNG, ahead of new environmental regulations due to come into force in 2015 that will require lower levels of emissions of pollutants from shipping traffic in the Baltic Sea, English Channel and North Sea.

The move follows other initiatives from Shell to expand the use of natural gas, which has undergone a boom in production in North America, as a transport fuel in direct competition with oil.

"Shell believes liquefied natural gas in the transport sector will develop into a sizeable market and, given its industry-leading expertise across the LNG value chain, the extension into this market is a good fit for Shell," said Colin Abraham, Shell's Vice President for downstream LNG in a statement. "This will help us to quickly develop and meet customer requirements for LNG as a transport fuel," he added.

This acquisition follows a string of investments in the LNG fuel sector over the last year.

In September 2011, Shell invested in a project to supply LNG to Shell Flying J truck stops in Canada, while last month the Anglo-Dutch oil major signed a memorandum of understanding to supply LNG for trucks at 100 fueling stations across the U.S. starting in 2013.

Shell already owns 4.1% of Gasnor shares. Its acquisition of the remainder of the company is expected to close in the third quarter, subject to regulatory approvals.

Write to Sarah Kent at sarah.kent@dowjones.com

(END) Dow Jones Newswires

July 11, 2012 03:06 ET (07:06 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

USA-vind/dir: Svært at konkurrere mod de tre store

26-05-2016 14:48:02
Det amerikanske vindmøllemarked er domineret af de tre store mølleleverandører GE, Vestas og Siemens. Men gunstige markedsudsigter i flere år frem kan få nogle ..

GE-vindboss: 3 MW-platform meget succesfuld i Europa

25-05-2016 16:20:04
GE Renewable Energys administrerende direktør for onshoremøller, Anne McEntee, udtrykker stor tilfredshed med, hvordan markedet i Europa har taget i mod selskab..

Sanofi vil smide Medivations bestyrelse på porten

25-05-2016 13:38:02
Det franske medicinalselskab Sanofi, der konkurrerer med blandt andet danske Novo Nordisk, vil have skiftet bestyrelsen i amerikanske Medivation ud for at få en..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas/dir: Ordretravlhed forude på det amerikanske marked
2
Aktier/tendens: Rolig åbning mens olieprisen runder 50
3
Zealand Pharma: FDA anbefaler godkendelse af Iglarlixi
4
Pandora: Amerikansk forhandlers sammenlignelige salg falder-NY
5
Aktier/middag: Masser af energi i uenergisk marked

Relaterede aktiekurser

Royal Dutch Shell PLC 'A.. 1.697,24 0,7% Stigning i aktiekurs
Royal Dutch Shell PLC 'B.. 1.690,85 -0,3% Fald i aktiekurs
Royal Dutch Shell PLC CL.. 49,88 -0,9% Fald i aktiekurs
Royal Dutch Shell PLC CL.. 50,35 -1,0% Fald i aktiekurs
Royal Dutch Shella 22,36 -0,4% Fald i aktiekurs
Royal Dutch Shellb 22,62 -0,7% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
26. maj 2016 20:27:11
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160526.2 - EUROWEB7 - 2016-05-26 20:27:11 - 2016-05-26 20:27:11 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x