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AME Info: Shell ponders Iran LNG

Shell ponders Iran LNG

Royal Dutch Shell will make a decision next year about its involvement in Iran's natural liquefied gas project, reported Gulf News citing MarketWatch. The company signed a $1.5bn frame work deal in 2004 with the National Iranian Oil Company and Repsol YPF, to form the Persian LNG Production Company. No investment has yet been made and Shell is studying the current international tensions closely.

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