Shell is reportedly considering the sale of a majority stake in its Shell MDS (Malaysia) Sdn Bhd gas-to-liquids unit. This specialty energy facility converts natural gas into high-value liquid products.
The potential divestment aligns with a strategic review to streamline Shell's global portfolio. The company intends to reinvest capital into higher-return areas, specifically liquefied natural gas (LNG) and deepwater projects.
This move follows discussions regarding other global asset divestments and a reassessment of the company's Asian operations. Meanwhile, Shell shares have gained value as Brent crude prices rise amid geopolitical tensions.