PURCHASE AND SALE AGREEMENT dated as of May 4, 2017, but effective as of May 1, 2017 by and among SHELL PIPELINE COMPANY LP, SHELL GOM PIPELINE COMPANY LLC, SHELL CHEMICAL LP, SHELL MIDSTREAM PARTNERS, L.P., SHELL MIDSTREAM OPERATING LLC, PECTEN...Purchase and Sale Agreement • May 5th, 2017 • Shell Midstream Partners, L.P. • Pipe lines (no natural gas)
This Purchase and Sale Agreement (this “Agreement”) is made as of May 4, 2017, but effective as of May 1, 2017, by and among Shell Pipeline Company LP, a Delaware limited partnership (“SPLC”), Shell GOM Pipeline Company LLC, a Delaware limited liability company (“GOM”), Shell Chemical LP, a Delaware limited partnership (“Shell Chemical”), Shell Midstream Partners, L.P., a Delaware limited partnership (“SHLX”), Shell Midstream Operating LLC, a Delaware limited liability company that is wholly owned by SHLX (“Operating”), Pecten Midstream LLC, a Delaware limited liability company that is wholly owned by Operating (“Pecten”), and Sand Dollar Pipeline LLC, a Delaware limited liability company that is wholly owned by Operating (“Sand Dollar”).
Shell Midstream Partners, L.P. Agrees to Acquire Additional Assets from ShellPurchase and Sale Agreement • May 5th, 2017 • Shell Midstream Partners, L.P. • Pipe lines (no natural gas)
HOUSTON, May 5, 2017 - Shell Midstream Partners, L.P. (NYSE: SHLX) entered into a purchase and sale agreement to acquire a 100% interest in the Refinery Gas Pipelines, Delta Pipeline and Na Kika Pipeline for $630 million from wholly owned subsidiaries of Shell.
