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Shell gives up on Gaza’s offshore gas field – Palestinians

Nidal-Mughrabi: MARCH 5, 2018 / 3:36 PM

GAZA (Reuters) – Royal Dutch Shell (RDSa.L) has given up its stake in an undeveloped natural gas field off the Gaza Strip, sending the Palestinians looking for a new foreign group to replace it, Palestinian officials said on Monday. Cabinet ministers from the Palestinian Authority said in a statement they had been informed that the energy giant was pulling out of the project and were now in the process of“trying to attract a global company” to take its place. FULL ARTICLE

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