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Sunday, November 29 - 2009

Shell, Aramco, gas details remain

  • Saudi Arabia: Thursday, September 11 - 2003 at 09:04

Shell and Saudi Aramco have yet to agree on the price Shell will get for the gas it drills and sells to the Kingdom, according to press reports. Under the July agreement Shell will own 40 per cent of the project's equity, Total 30 per cent and Saudi Aramco the balance. This is the first gas deal struck with foreign energy companies in the Kingdom.

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