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Shell Exec: Haven’t Gotten OK For China Refinery JV With Qatar,PetroChina

THE WALL STREET JOURNAL

DECEMBER 10, 2009, 9:08 P.M. ET

SINGAPORE (Dow Jones)–Royal Dutch Shell Plc (RDSB) hasn’t received official approval to build a refinery and petrochemical complex with Qatar Petroleum International and PetroChina (PTR) yet, a senior company executive said Friday.

Local media reported earlier that the project had been submitted to China’s top economic planning agency, the National Development and Reform Commission.

“No approval yet…it’s under feasibility study stage,” said Iain Lo, vice president of New Business Development and Ventures with Shell.

-By Max Lin, Dow Jones Newswires; 65-6415-4063; [email protected]

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