‘Shell set for Repsol LNG win’ - report

Going, going, gone? Report claims Repsol will sell some LNG assets to Peter Voser-led Shell

Shell will beat off competition from GDF Suez, Gaprom and others to land the LNG assets of Spanish oil giant Repsol, according to a report.

One market analysis firm poured cold water on the report, however, describing claims that Shell will get the entire Repsol LNG portfolio on sale as having "limited logic".

The board of Repsol are likely to confirm Shell as the preferred buyer of a raft of international assets during a meeting on Wednesday, Spanish newspaper Cinco Dias claimed on Tuesday, citing unidentified sources close to the deal.

Reuters reported later on Tuesday that the issue of LNG asset sales was not up for discussion at Repsol's board meeting on Wednesday. The news wire also…

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