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Tuesday, April 07, 2009
Iraq: Royal Dutch Shell and attempts to improve its gas dealnote
Royal Dutch Shell is said to be attempting to improve the conditions of its gas deal with Iraqi state-run South Gas Company (SGC) to set up together a joint venture to process and market natural gas produced in Basra province in southern Iraq. The 380-word report focuses on the subject and tells what Royal Dutch Shell is proposing to improve the conditions of its deal. Note that the deal gave Shell-SGC JV a 25-year monopoly on the gas industry of southern Iraq.
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