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Wednesday morning’s confirmation by Royal Dutch Shell that it had agreed to acquire the British Gas (also known as BG) group for £47 billion (US$70 billion or TT$462 billion) is a potential game-changer for the local energy sector.

If the transaction is consummated, it would mean that Shell would be buying all of the British Gas assets in T&T, including its natural gas fields off Trinidad’s north and east coasts, the pipeline infrastructure that brings the gas from offshore to Point Fortin and its stake in Atlantic LNG.

Read the full article here.

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