CBS MarketWatch Nov 4/04: Shell sells 25% of stake in Mex LNG project to Mitsui (ShellNews.net)
By Kabir Chibber
LONDON (CBS.MW) -- Oil giant Shell said it will sell 25 percent of its stake in the LNG terminal in Altamira, Mexico to Japan's Mitsui. Shell currently owns 75 percent and France's Total (FR:012027) owns 25 percent. All of the terminal regasification capacity will still be contracted to a separate marketing company owned by Shell and Total.