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Shell says cancels sale of Thailand gas field stakes to Kuwait's KUFPEC

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Shell says cancels sale of Thailand gas field stakes to Kuwait's KUFPEC

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SINGAPORE (Reuters) – Royal Dutch Shell <RDSa.L> said on Wednesday it had cancelled the sale of gas field stakes in Thailand to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Shell did not say why the deal had been cancelled. The two companies announced the $900 million deal in January. It was supposed to be completed in the first quarter of 2017.

(Reporting by Florence Tan)
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