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Iraq, Shell Discuss Natural Gas Venture

washingtonpost.com
Wednesday, June 18, 2008; Page D06

 

ENERGY

 

Iraq, Shell Discuss Natural Gas Venture

The Iraqi Oil Ministry is negotiating with Royal Dutch Shell over a joint venture to develop natural gas in southern Iraq, officials said.

An Iraqi official said that Shell approached the Oil Ministry in December and that meetings have been held since then.

The official said Iraq loses about $40 million worth of natural gas a day associated with oil production because of insufficient means to export the gas or consume it domestically.

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/17/AR2008061702520.html

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