{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners","text":"\u003Cp\u003EQGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, today announced it has agreed to the sale of a 26.25% interest in the Queensland Curtis LNG Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion.\u003C/p\u003E\n","links":[{"name":"Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners","value":"https://www.shell.com.au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners.html"}],"date":"2020-12-21T03:05:00.000Z"},"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.shell.com.au/about-us/_jcr_content/root/header/inherited.model.json","id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.shell.com.au/"},{"name":"About Us","value":"https://www.shell.com.au/about-us.html"},{"name":"News and Publications","value":"https://www.shell.com.au/about-us/media.html"},{"name":"2020 Media Releases","value":"https://www.shell.com.au/about-us/media/2020-media-releases.html"},{"name":"Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners","value":"https://www.shell.com.au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners.html"}]},"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader.Date","color":"inherited","model":{"title":"Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners","text":"\u003Cp\u003EQGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, today announced it has agreed to the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion.\u003C/p\u003E\r\n\r\n\r\n","date":"2020-12-21T03:05:00.000Z"},"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section/page-header"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section/text","model":{"text":"\u003Cp\u003EThe Common Facilities are currently 100% owned by Shell and include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains. Upon completion of the transaction, Shell will remain majority owner and operator of the Common Facilities.\u003C/p\u003E\r\n\u003Cp\u003EThis decision is consistent with Shell’s strategy of selling non-core assets in order to further high-grade and simplify Shell’s portfolio. The sale will contribute to Shell’s expected divestment proceeds, without impact on people or the operations of the QCLNG venture, and aligns Shell’s interest in the Common Facilities with its 73.75% interest in the overall QCLNG venture.\u003C/p\u003E\r\n\u003Cp\u003EDue to the advantages it offers as a complement to renewable energy and as the cleanest burning hydrocarbon, natural gas is a core component of Shell’s strategy to provide more and cleaner energy solutions. Global LNG demand is expected to outpace total demand for energy and the QCLNG venture is crucial in helping Shell meet the world’s growing energy needs.\u003C/p\u003E\r\n\u003Cp\u003EThe transaction is subject to regulatory approval in Australia and customary conditions. It is expected to complete in the first half of 2021.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section/text_69619528","model":{"title":"Enquiries:","text":"\u003Cp\u003EShell Australia Media: +61 417 007 344\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section/text_550018519","model":{"title":"Notes to editors:","text":"\u003Cul\u003E\r\n\u003Cli\u003EGlobal Infrastructure Partners Australia is an affiliate of Global Infrastructure Partners, an independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses.\u003C/li\u003E\r\n\u003Cli\u003EThis transaction has no impact on the ownership structure of QGC or QCLNG. Shell remains the operator and majority interest holder in QGC, together with CNOOC (50% equity in Train 1) and Tokyo Gas (2.5% equity in Train 2), which also remains unchanged following this transaction.\u003C/li\u003E\r\n\u003Cli\u003EThe economic reference date of the transaction is 1 January 2021.\u003C/li\u003E\r\n\u003C/ul\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section/text_298372274","model":{"title":"Royal Dutch Shell plc","text":"\u003Cp\u003ERoyal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit \u003Cb\u003E\u003Ca href=\"https://www.shell.com/\"\u003Ewww.shell.com\u003C/a\u003E\u003C/b\u003E.\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section/text_306298911","model":{"title":"Cautionary note","text":"\u003Cp\u003EThe companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this release “Shell”, “Shell Group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.\u003C/p\u003E\r\n\u003Cp\u003EThis release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s Form 20-F for the year ended December 31, 2019 (available at \u003Cb\u003E\u003Ca href=\"https://www.shell.com/investors.html\"\u003Ewww.shell.com/investor\u003C/a\u003E\u003C/b\u003E and \u003Cb\u003E\u003Ca href=\"https://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E). These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this release, 21 December 2021. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.\u003C/p\u003E\r\n\u003Cp\u003EWe may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website \u003Cb\u003E\u003Ca href=\"https://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E.\u003C/p\u003E\r\n"}}],"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section","model":{}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoCard","color":"brand1","model":{"title":"Contact us","text":"\u003Cp\u003EVia this page you can find contact details for Shell Australia.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n","links":[{"value":"https://www.shell.com.au/about-us/contact-us.html"}],"image":{"src":"https://www.shell.com.au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/_jcr_content/root/main/section_47307463/promo_copy_copy.shellimg.jpeg/1695975107667/woman-in-call-centre-facing-her-computer-screen.jpeg","alt":"Woman in call centre facing her computer screen","width":3858,"height":2174}},"colspan":4,"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section_47307463/promo_copy_copy"},{"organism":"PromoCard","color":"brand1","model":{"title":"Projects and Assets","text":"\u003Cp\u003ERead about our projects and assets in Australia.\u003C/p\u003E\r\n\r\n\r\n\r\n\r\n","links":[{"value":"https://www.shell.com.au/about-us/projects-and-locations.html"}],"image":{"src":"https://www.shell.com.au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/_jcr_content/root/main/section_47307463/promo_copy_copy_copy.shellimg.jpeg/1695975147044/two-engineers-in-yellow-uniforms-and-white-hard-hats-looking-up-at-prelude-flng.jpeg","alt":"Two men looking at construction of a platform","width":2743,"height":1544}},"colspan":4,"id":"/content/shell/countries/australia/en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners/jcr_content/root/main/section_47307463/promo_copy_copy_copy"},{"organism":"PromoCard","color":"brand1","model":{"title":"Shell in the Community","text":"\u003Cp\u003EShell aspires to be welcomed in the communities where we operate. 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We work to share benefits by offering rewarding jobs and training opportunities, building local capability and supporting local community 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announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners","text":"QGC Common Facilities Company Pty Ltd, a wholly-owned subsidiary of Shell, today announced it has agreed to the sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for US$2.5 billion.","date":"2020-12-21T03:05:00.000Z","links":[{"name":"canonical","value":"https://www.shell.com.au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners.html"},{"name":"hierarchy","value":"en_au/about-us/media/2020-media-releases/shell-announces-the-sale-of-a-minority-interest-in-qclng-common-facilities-infrastructure-to-global-infrastructure-partners"},{"name":"homeTitle","value":"About 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