Gasunie will continue to operate BEB transport and the transferred technical operations, and will ensure compliance with existing BEB transportation agreements.
The agreement is subject to the approval of the relevant authorities. BEB’s exploration and production, and storage activities remain unaffected by this transaction. ExxonMobil Production will continue to handle exploration and production activities for BEB on the basis of service agreements.
Charles Watson, executive vice president of Shell Energy Europe and Shell Gas & Power, said: This agreement is in line with Shell’s portfolio management strategy to maximize shareholder value. Our primary focus in the European gas business is on managing supplies and sales of gas to a large range of customers across a wide regional footprint.
