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0 Employees

  • Third-party revenues


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  • Profit before tax


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Main business activities

  • Integrated Gas

Shell’s footprint

Shell LNG Gibraltar Limited is an incorporated joint venture between Shell (Shell interest 51%) and the government of Gibraltar. It was set up for the purpose of constructing and operating the first liquefied natural gas (LNG) regasification terminal in Gibraltar, replacing diesel with LNG for power generation. The construction and operation of the terminal were managed by Gasnor AS, a former Shell company registered in Norway that was divested in 2021.

Country financial analysis

The statutory corporate income tax rate in Gibraltar is 10%. The figures in the table represent Gasnor’s branch activity in Gibraltar for the operation of the terminal.

A branch is an office or business presence in a location other than where the corporate entity is established.
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Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
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