Royal Dutch Shell Plc. (RDS.A, RDS.B) plans to divest its Ontario refinery and some sour gas facilities in Alberta, Bloomberg reported on Thursday.
The move is part of the Anglo-Dutsch company's focuses on its $31-billion liquefied natural gas project in British Columbia, the Canadian news outlet said, citing a statement from the Canadian affiliate of the Hague-based company.
"These assets have been a cornerstone of Shell Canada for many years, however, they are no longer a fit with Shells evolving portfolio."
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