(MENAFN) Dutch-owned oil trader Vitol and the Abu Dhabi Investment Council has purchased Royal Dutch Shell's downstream Australian assets for USD2.2 billion, Arabian Business reported
The Australian Financial Review said that the efforts of Australia's Macquarie Group and its partner Glencore Xstrata to buy the assets were unsuccessful
Shell has been planning to sell the business as part of a worldwide divestment program under worth around USD15 billion
The assets sold include a refinery, import terminals and 900 service stations
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