Oil major Shell is said to be lining up assets for a $30billion divestment program which could extend from the US and Trinidad to India following its takeover of BG Group last month.
According to reports, assets linked to Shell’s interests in Trinidad and Tobago as well as stake in oil and gas field in India, may be on the block.
Pipelines in the US are also said to be high on the list.
A spokesman for Shell declined to comment on the reports.
Raising money through divestments is said to be crucial for Shell after the purchase of BG wiped out more than $10billion of its cash.
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