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Shell to buy Repsol LNG assets for $6.2 billion

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AMSTERDAM (AP) — Royal Dutch Shell says it has struck a deal with Spain's Repsol SA to buy Repsol's liquefied natural gas assets in Peru and Trinidad & Tobago in a deal worth $6.2 billion. Shell said it would pay $4.4 billion in cash and assume $1.8 billion in Repsol debt and other obligations. The deal also includes a gas-fueled power plant in Spain. For Shell, Europe's largest oil company,...

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