THE WALL STREET JOURNAL
OCTOBER 16, 2009
By Hassan Hafidh
Of DOW JONES NEWSWIRES
ISTANBUL (Dow Jones)–Royal Dutch Shell PLC (RDSA) is renegotiating with Iraq about the Kirkuk oil field, one of Iraq’s largest oil producing areas, after it didn’t win access to the field in the country’s first licensing auction, held in Baghdad in June, company sources and Iraqi oil officials said Friday.
“Shell has held talks with the oil ministry on Kirkuk recently and both will meet again soon,” one company source said.
Shell didn’t accept the Iraqi oil ministry payment fees of $2 a barrel in June’s auction.
Shell has asked the ministry to raise the per barrel fee, Iraqi oil officials said.
The oil ministry needs to get the approval of the Iraqi prime minister to allow such increase, they said.
-By Hassan Hafidh; Dow Jones Newswires; + 962 799 831831; hassan.hafidh@dowjones
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
