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Iraqi oil officials: Shell seeks to withdraw from the Majnoon field

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rocky
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Iraqi oil officials: Shell seeks to withdraw from the Majnoon field

Post by rocky on Wed 13 Sep 2017, 2:09 am

[ltr]Iraqi oil officials: Shell seeks to withdraw from the Majnoon field[/ltr]

 Since 2017-09-13 at 01:13 (Baghdad time)
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[ltr]Continue Mawazine News:[/ltr]
[ltr]Royal Dutch Shell is seeking to withdraw from the Majnoon oilfield in Iraq and the Iraqi Oil Ministry has begun operations to finalize its exit, according to a letter from the ministry and oil officials.[/ltr]
[ltr]A letter signed by Iraqi Oil Minister Jabbar al-Luaibi dated August 23, addressed to the Shell unit in Iraq, gave the Anglo-Dutch company permission to withdraw from the Majnoon field.[/ltr]
[ltr]"We respect your desire and your decision to seek an acceptable end to the share of Shell Iraq in Majnoon," the ministry's letter, seen by Reuters, said.[/ltr]
[ltr]Three Iraqi oil officials and a senior Iraqi engineer working with Shell in Majnoon confirmed the authenticity of the letter.[/ltr]
[ltr]So far no comment has been received from a Shell spokesman.[/ltr]
[ltr]In November, oil industry sources told Reuters Shell was considering selling its oil fields in Iraq as part of its global $ 30 billion asset disposal program.[/ltr]
[ltr]is over[/ltr]
[ltr]M[/ltr]


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