25 April 2024
Iraq delays Shell/Mitsubishi gas gathering joint venture - again
Publication date: 29 September 2010
Gas Strategies Group
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Iraq’s Oil Ministry has failed to finalize the $1visual_editor billion agreement with Shell and Mitsubishi to capture flared gas from Iraqi oil fields due to legal issues over setting up the Joint Venture. The government approved the JV in June, but is unable to sign the final draft, until it is resubmitted by the Oil Ministry.