Mar 21, 2006
KUALA LUMPUR (AFX) - Shell Refining Company (Federation of Malaya) Bhd said it will not put up its LPG business assets for sale. The announcement follows the Shell Group's decision to retain its LPG business, it said in a statement.
Royal Dutch Shell plc announced on March 17 that it had completed the review of its global LPG marketing and distribution business and had taken the decision to retain this business within its downstream portfolio.
Shell Malaysia owns a liquefied petroleum gas (LPG) bottling plant and an LPG cylinder reconditioning plant at its Port Dickson refinery.
(1 usd = 3.70 rgt)
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AFX Europe (Focus): Shell Refining (Malaysia) says LPG assets not for sale
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