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UPDATE 1-Shell CEO says reviewing Argentina downstream assets

Wed, 07th Sep 2016 15:40

(Adds spokesman comment, types of downstream assets)

Sept 7 (Reuters) - Shell CEO Van Beurden speech at BarclaysCEO energy power conference in New York:

* Says company's average break-even price in pre-FIDprojects now at $45/bl

* Says undertaking strategic review of Argentina downstreamassets as part of $30 billion divestment programme

* Shell spokesman says upstream assets in Argentina are notpart of the review

* Shell's downstream assets in Argentina include the BuenosAires refinery, around 600 retail sites, plus trading andsupply, chemicals, LPG, marine fuels, aviation fuels andlubricants businessesFurther company coverage: (Reporting by Karolin Schaps and Ron Bousso)

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