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Shell eyes $2.5bn gas project in Iraq
- Iraq: Thursday, January 31 - 2008 at 10:59
Royal Dutch Shell is considering spending $2.5bn on a natural gas plant in southern Iraq to meet energy demand in the Middle East, reported Bloomberg. The company met with Iraqi officials in The Hague last week to propose building a pipeline that would link the Basrah region to a new facility on the country's coast. Shell would also build a facility that could freeze 16 million cubic meters of gas a day and ship it to Kuwait and the UAE.
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Jeff Florian, Senior ReporterThursday, January 31 - 2008 at 10:59 UAE local time (GMT+4)
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