Repsol SA reports capital gains of $2.9 bln in LNG asset sale to Royal Dutch Shell PLC-Reuters

Thursday, 2 Jan 2014 03:02am EST 

Repsol SA:The company booked net capital gains of around $2.9 billion and cut its debt pile debt by $3.3 billion from the sale of liquid natural gas assets to Royal Dutch Shell-Reuters.The deal includes the sale of plants in Peru and Trinidad and Tobago for $4.3 billion in a process which will help the Anglo-Dutch group extend its position in LNG. 

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