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The Independent (UK): Shell close to gas deal with Iran

Published: Jan 24, 2007

Spain’s Repsol and Royal Dutch Shell expect to sign a preliminary deal with Iran in the coming days for a $4.3bn liquefied natural gas (LNG) plant and port terminal which would serve part of Iran’s South Pars gas field. A

deal would be a blow to Washington, which has barred US investment in Iran.

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