Shell inks new deal to shed Danish refinery, downstream assets

Feb 1, 2021

Royal Dutch Shell PLC’s Shell Petroleum Co. Ltd. has agreed to sell subsidiary AS Dansk Shell to PL ESG Denmark Co. ApS (Postlane Partners).

Alongside Dansk Shell’s 68,000-b/d Fredericia refinery, Postlane Partners also will purchase Dansk Shell’s local trading and supply activities, including its existing inventory of refinery feedstocks and finished products, Shell said.