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Oil official: Shell sells its stake in an Iraqi oil field to Japan's Itochu DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Oil official: Shell sells its stake in an Iraqi oil field to Japan's Itochu

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Oil official: Shell sells its stake in an Iraqi oil field to Japan's Itochu Empty Oil official: Shell sells its stake in an Iraqi oil field to Japan's Itochu

Post by RamblerNash Thu Jan 11, 2018 11:48 am

Oil official: Shell sells its stake in an Iraqi oil field to Japan's Itochu

Oil official: Shell sells its stake in an Iraqi oil field to Japan's Itochu 4941

11/01/2018

Economy News _ Baghdad

Iraq has agreed to sell Royal Dutch Shell its 20 percent stake in Iraq's West Qurna 1 oil field to Japan's Itochu, a senior Iraqi oil official said.

The agreement comes as the Anglo-Dutch company agreed to exit the Majnoon oil project, one of the largest fields in OPEC member Iraq, and hand over its operation to the state-owned Basra Oil Company by the end of June 2018.

http://economy-news.net/content.php?id=10561
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