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Shell out of Iran gas project
- Iran: Sunday, May 11 - 2008 at 09:07
Royal Dutch Shell is pulling out of the giant South Pars gas field project in Iran, reported Reuters. However, it is likely to join later stages of the field's development. Shell, Spain's Repsol and the National Iranian Oil Company has signed a MoU in 2002 to develop Phase 13 in a project to be known as Persian LNG.
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Medilyn Manibo, Assistant News EditorSunday, May 11 - 2008 at 09:07 UAE local time (GMT+4)
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