Shell to sell 51% in Malaysian refining co to MHIL for $66.3m

Shell to sell 51% in Malaysian refining co to MHIL for $66.3m

Visual of a deepwater platform from Shell's website.

International oil and gas group Royal Dutch Shell plc (Shell) has agreed to sell its 51 per cent stake in Malaysia-based Shell Refining Company (SRC) to Malaysia Hengyuan International Limited (MHIL) for $66.3 million.

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