Posted on 01/29/2007 4:57:57 PM PST by blam
Shell defies US pressure and signs £5bn Iranian gas deal
Terry Macalister
Monday January 29, 2007
Guardian Unlimited (UK)
Shell has signed an important deal to help Iran develop a major gas field, ignoring growing pressure from George Bush to isolate the country for being part of what he alleges is an "axis of evil". The Anglo-Dutch group, which is struggling to bring more momentum to its business after being forced to hand over vital Russian reserves at Sakhalin island to the Kremlin, confirmed it had finally reached agreement on various aspects of its "Persian LNG" - liquefied natural gas - project centred on the South Pars gas field.
Shell insisted last night it was still a year away from a final decision on whether to proceed with the multi-billion-dollar project to build a liquefied natural gas terminal capable of handling 8m tonnes a year. "We have signed an upstream service agreement as part of our work to assess the feasibility of the project," a spokeswoman said, referring to the production deal. "Implementation of the upstream service agreement is subject to taking a final decision to proceed with the midstream LNG project."
The move is a bold one by Shell because its arch-rival BP has declared itself unwilling to invest in Iran at a time when the international political climate surrounding the country is so forbidding.
(Excerpt) Read more at business.guardian.co.uk ...
"Shell has signed an important deal to help Iran develop a major gas field"
My second reason for not buying Shell Gasoline.
Now Shell and Citgo are on the persona non gratis list
NO MORE SHELL! CITGO Has already gone by the way side.
Guess it's time to find a nearby BP station.
Er, Shell is a UK company.
Your point?
Royal Dutch Shell is a UK Company?
Smart move on the Iranians part.
Shell will invest billions, and then Iran will nationalize all of it.
Shell is one of the worst gas choices for cars.
Ah, the bottomline. With friends like these.....
Royal Dutch Shell is a UK company?
Shell is incorporated in the U.K., has its corporate headquarters in the Hague, and its tax residence in the Netherlands. It's still principally a Dutch company.
Not a problem here... Shell is just across the street from another station. Prices are like 1-3 cents from each other.
I know which one I will make a point to avoid. (Citgo/Shell)
Yeah, whatever.
Question:
Why the hell don't we just go in there, annihilate anyone in our path, and take over the GD'd oil?........oh.....I forgot......this really isn't about the oil.......or the NWO.....or all of us being played against each other for...what?
Wake up.
FMCDH(BITS)
russia, china or whoever would just replace shell, so why bitch?
Wow, I would hope you could differentiate the American movement from the Nazi one (or maybe the ancient Roman one). We either stand by our principles or we stand for nothing!
Money talks, all else walks.
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