Read about how Shell works with local Māori to protect marine mammals and funds training for Māori marine mammal observers.
News and Highlights
Regulatory approvals have been obtained finalising the sale of the Māui natural gas pipeline which transports around 78% of all natural gas produced in New Zealand, from the Māui Mining Companies (MMCs*) to infrastructure funds (including fund co-investors) managed by First State Investments (“First State Funds” FSF). The sale price was NZ$335 million.
The Māui Mining Companies (MMCs*) confirm the sale (subject to completion) of the Māui natural gas pipeline (which transports around 78% of all natural gas produced in New Zealand) to infrastructure funds managed by First State Investments (“First State Funds”).
Wellington, 10 December 2015 - In keeping with company’s strategy to become a simpler, more profitable and resilient company, Shell announced that its interests in New Zealand are under review.
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