Shell to Move Swiftly on Iraq Gas Project

摘要

After spending the past three years in tough negotiations, Royal Dutch Shell intends to waste no time getting down to work at its $17 billion gas megaventure in Iraq. The cabinet finally approved the 25year contract creating Basrah Gas Co. (BGC)-in which Shell holds 44%, Japan's Mitsubishi 5% and Iraq's South Gas Co. (SGC) 51%-last Tuesday, with a final signing set for Nov. 27 in Baghdad (OD Nov.16'11).