Shell Norway Media Contact: +4741503540
apr. 07, 2021
Shell selger LNG-selskapet Gasnor.
A/S Norske Shell signerte i dag en avtale om salg av det heleide datterselskapet Gasnor AS til Molgas Energy Holding ("Molgas"). Avtalefullføring fant sted rett etter signering. Transaksjonen innebærer overføring av A/S Norske Shells eierandel i Gasnor, som inkluderer alle Gasnors eiendeler og ansatte.
– Gasnor har vært en del av Shell siden 2012, og vi er stolte av det selskapet har oppnådd. Gasnor har vært en pioner innen LNG, med en ledende posisjon innen småskala LNG-produksjon og distribusjon i det innenlandske gassmarkedet. A/S Norske Shell vil fortsette å fokusere på nøkkelposisjoner der vi kan utnytte vår kapasitet i tråd med Shells strategi og Net Zero-mål, sier Marianne Olsnes, administrerende direktør i A/S Norske Shell.
Alle Gasnors 52 ansatte vil fortsatt være ansatt i Gasnor med Molgas som ny eier. Salget av Gasnor har ingen effekt på driften eller organiseringen av A/S Norske Shell.
– Vi har vært veldig fornøyd med suksessen til Gasnor og læringene som vi har fått for vår globale nedstrøms LNG-virksomhet. Gasnor er godt posisjonert for å fortsette sin vekstreise med Molgas" sier De La Rey Venter, Shells Executive Vice President Integrated Gas Ventures.
A/S Norske Shell today signed a sale and purchase agreement for the sale of its fully owned subsidiary Gasnor AS to Molgas Energy Holding (“Molgas”). Deal completion took place directly after signing. The transaction involves the transfer of A/S Norske Shell‘s complete shareholding in Gasnor to Molgas and includes all of Gasnor’s assets and staff.
“Gasnor has been part of Shell since 2012 and we are proud of what the company has achieved. Gasnor has been a pioneer in downstream LNG, with a leading position in small scale LNG production and distribution in the domestic gas market. A/S Norske Shell will continue to focus on key positions where we can leverage our differentiated capabilities in line with Shell’s strategy and Net Zero target”, said Marianne Olsnes, Managing Director of A/S Norske Shell.
All of Gasnor’s 52 staff will continue their employment under Molgas. The sale of Gasnor has no effect on the operations or organisation of A/S Norske Shell.
“We have been very pleased with the success of Gasnor and the learnings captured for our global downstream LNG operations. Gasnor is well positioned to continue its growth journey with Molgas” said De La Rey Venter, Shell’s Executive Vice President Integrated Gas Ventures.
The 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.
This 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, 2020 (available at www.shell.com/investor and www.sec.gov). 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, April 8, 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.
We 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 www.sec.gov.