Repsol Said to Expect $2.7 Billion LNG Sale by February

Repsol SA, Spain’s largest energy company, expects to sell liquefied natural gas assets for about 2 billion euros ($2.7 billion) by early February, according to a person familiar with the matter.

The sale price excludes debt, said the person, who declined to name the buyer or be identified as the deal hasn’t closed. Repsol said in November it planned to agree on a sale, including assets in Peru, Trinidad and Spain, by the end of last year. A company official in Madrid declined to comment on its progress.