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Iraq, Shell To Sign $17.2 Bln Gas Deal Nov 24 -Deputy Oil Minister [View All]

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cory777 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-17-11 02:12 AM
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Iraq, Shell To Sign $17.2 Bln Gas Deal Nov 24 -Deputy Oil Minister
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Source: Dow Jones

BAGHDAD (Dow Jones)--Iraq and a consortium led by Royal Dutch Shell PLC (RDSA) are expected to next week put their final signature on a $17.2 billion deal to capture and process gas from three giant fields in Basra governorate, the Iraqi deputy oil minister said Wednesday.

"We are planning to sign the contract Thursday Nov. 24," Ahmed al-Shammaa told a news conference in Baghdad.

Read more: http://online.wsj.com/article/BT-CO-20111116-716953.htm...



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