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Iraq Gives Shell Deadline to Sign Gas Deal in Week, Shamma Says

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katt

katt
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Iraq Gives Shell Deadline to Sign Gas Deal in Week, Shamma Says
Bloomberg - [5/31/2011]


Iraq gave Royal Dutch Shell Plc a deadline until next week to sign an initial agreement on a $12.5 billion project to develop natural gas in southern Iraq, Deputy Oil Minister Ahmed al-Shamma said at a news conference in Baghdad.

The project will be cancelled if Shell doesn’t meet the dealdine, he said today.http://www.iraqdirectory.com/DisplayNews.aspx?id=15822

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