Royal Dutch Shell is planning to sell its stake in the $16.8 billion Mackenzie gas project and other assets in Canada, Reuters reports. The company is seeking offers for its field in the Mackenzie River Delta, along with its 11.4% share in the planned pipeline.
Imperial Oil is the lead partner in the five-member consortium that has backed the project. The pipeline project is also supported by other partners, including ConocoPhillips, Exxon Mobil and the Mackenzie Valley Aboriginal Pipeline.
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