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Printed by Jessica Casey,
Editor
LNG Business,
On 28 April 2023 it was introduced {that a} settlement and share buy settlement had been reached between Repsol and Sinopec, whereby Repsol would purchase the remaining 49% share of Repsol Sinopec Assets UK Restricted.
It was agreed that at completion of the acquisition, Repsol would change into the proprietor of 100% of Repsol Sinopec Assets UK Restricted. The settlement was topic to sure circumstances precedent, which have been all glad by 9 October 2023.
The corporate shall be referred to as Repsol Assets UK Restricted and can start a transition into the Repsol organisation.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/07112023/repsol-acquires-remaining-shares-of-repsol-sinopec-resources-uk-limited/
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