British utility Centrica said on Nov. 30 that it agreed to sell its gas assets in Trindad and Tobago for $30 million to Royal Dutch Shell Plc (NYSE: RDS.A).
The assets include a 17.3% interest in the producing NCMA-1 Block as well as operating interests in two undeveloped blocks, Centrica said.
The divestment is part of Centrica's drive to focus its oil and gas E&P activity on Britain, the Netherlands and Norway.
Shell, which became the world's top LNG trader following its $54 billion acquisition of BG Group in 2016, has a stake in Atlantic LNG, one of the world's largest plants, in Trinidad.
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