Monday, March 06, 2006
LONDON, March 6 (IranMania) – Shell and Total are receiving higher rate of capital return on LNG deal from SP phases 11 and 13 nowadays, thanks to steep growth of oil and gas prices worldwide.
Nevertheless, the initial contract signed with National Iranian Oil Company (NIOC) had stipulated revaluation of the project in accordance with certain economic assessments and had left the room open for revision if profitable to all sides, deputy oil minister in International Affairs Seyyed Mohammad Hadi Nejad-Hosseinian told the Persian service of ISNA.
?The probable offshoots of the bid and having a say in final decision making were referred to the Economic Council back then, and a clause stipulated earlier in the contract by SP allowed the NIOC?s board of directors to whether offer its final nod,? he elaborated.
The return of profit will be calculated on current prices and the three sides are very likely going to put the seal of approval on it, he said in conclusion.
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Critic’s corner
30 November 2023: Posted by John Donovan
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed. I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it. They have tried sending about 4 or 5 engineers but have not fixed the problem. Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more
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SHELL PROPPED UP APARTHEID
ARTICLE: U.S. unions urge boycott of Shell to fight apartheid: 19 Jan 1986
ARTICLE: Shell, South Africa and Apartheid: 16 Oct 2012
ARTICLE: Shell propped up racist apartheid regime in South Africa: 24 Nov 2012
ARTICLE: The Neptune Strategy:Shell, propped up Apartheid in South Africa: 26 Nov 2012
ARTICLE: Shell accused of benefiting from South African apartheid-era land law: 21 March 2013
ARTICLE: THE CAMPAIGN TO END APARTHEID: 12 Dec 2013
RELEVANT PAGES FROM "A HISTORY OF ROYAL DUTCH SHELL, VOLUME 3, PUBLISHED IN 2007. PREPARED BY SHELL'S PAID HISTORIANS. DEALS WITH SHELL'S SUPPORT FOR APARTHEID
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