Global energy giant Royal Dutch Shell has revealed it wants to sell its 900 Australian petrol stations.
The company is assessing all its liquefied natural gas investments in Australia as it seeks to sell $US17 billion of assets around the world, the ABC reports.
Shell is also planning to sell its 32 Australian fuel terminals; its Geelong refinery having been on the market since the start of last year.
On Thursday the company reported a 39 percent slump in annual profits.
The company said it has a potential buyer for its refining and part of its marketing business, which includes the 900 petrol stations, but chief executive Ben Van Beurden would not reveal the details.
"We have an expression of interest in our downstream business in Australia refining and part of our marketing businesses and that's frankly all I can say about it at this stage,