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LONDON: Royal Dutch Shell on Tuesday said it had agreed to sell its near nine-percent stake in energy group Canadian Natural Resources for $3.3 billion (2.8 billion euros) to help reduce debt.

The Anglo-Dutch giant announced in a short statement an "agreement to sell its entire stake in Canadian Natural Resources Limited".

Shell last month announced soaring net profits thanks to resurgent crude oil and gas prices.

Copyright AFP (Agence France-Press), 2018

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