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TMC Net: SHELL LIKELY TO SEAL LNG DEALS FOR HAZIRA TERMINAL BY YEAR-END (the terminal is running on spot cargoes)

June 15, 2007

(India Business Insight Via Thomson Dialog NewsEdge)

Royal Dutch Shell is likely to finalise long-term contracts for liquefied natural gas (LNG) for its import terminal at Hazira by the end of 2007. The company is operating the terminal on spot cargoes. Shell intends to expand the regassification terminal to two million tonnes a year.

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