Shell sells Caroline gas plant:CANADA

摘要

Shell Canada Energy says that it has finalised the C$190 million sale of its huge Caroline sour gas plant as well as other assets in western Alberta to Pieridae Energy Ltd.Ikkuma Resources Corp.,a subsidiary of Pieridae,will operate the assets including three sour gas plants;Waterton,Jumping Pound and Caroline,as well as the gas fields which feed them,and 40% of the Shantz Sulphur Forming facility-Shell will retain the remaining 60% share,although Ikkuma will take over operation of Shantz.Shantz is tied to the Caroline gas facility through an underground pipeline.All site-based Shell employees and some Calgary-based Shell employees who predominantly support the assets will be retained,the company said.Shell will retain its sulphur,natural gas liquids and condensate sales and marketing businesses.