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Shell is currently in discussions with Saudi Aramco, the state-owned company, to potentially sell its gas stations in Malaysia. If finalized, this deal could be valued at close to $1 billion, according to sources familiar with the energy sector. Negotiations began in late 2023, and an agreement is expected to be reached in the near future. Shell currently owns approximately 950 gas stations in Malaysia, making it the second-largest network in the country after Petronas.
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