Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say

SINGAPORE: Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion.

Shell declined to comment on the talks but said Malaysia is an important country to the company. Saudi Aramco also declined to comment.