Shell to sell lubricant storage plot in Chile

Shell Chile, the local subsidiary of oil major Royal Dutch Shell plc, is seeking buyers for a property it used for the storage of 10,000 cubic meters (cu m) of lubricants. The deadline for offers for the US$4.1 million 19.3 acre plot, located in Lenga, Biobio region, central Chile, is November 26. The sales is not part of Shell’s assets divestiture plan, the company said. (October 27, 2010)