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Shell opens secret Baghdad office

Plus: *A needed debrief of the Shell gas project *Iraq oil exports drop *U.S. loses $13 billion in Iraq reconstruction funds *KRG inks power deal, puts wind and hydro to tender *Night lights in Baghdad neighborhood *Parliament Elections: Sunni tribal elders, Moqtada Sadr to run *Iraq Press Roundup *Much more Hits and Misses of Shell-Iraq […]

Hits and Misses of Shell-Iraq gas project

The Shell-Iraq gas deal is not a production sharing contract – heck, it’s not even a deal. It’s a signing of an agreement that the two sides will conduct due diligence and then perhaps make a deal to set up a joint venture company between the international oil giant and Iraq’s South Gas Co., as Ben Lando reports for United Press International. (NOTE: UPI requires registration to read stories now, though it remains free.)

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