image description
image description
Tell A Friend

Archives


  • 08-07-14

    Shell ends investments in Saudi gas development

    (MENAFN) Royal Dutch Shell said it plans to end its investments in a gas development project in Saudi Arabia, complicating Saudi efforts to exploit its huge gas reserves, according to Arab News.

    The search for gas has been a priority for Saudi Arabia as it aims to cover the rapidly growing domestic demand.

    Shell said: "Shell has decided to end further investment in the Kidan development."

    It added: "This was a difficult decision but Shell remains committed to the Kingdom and we are keen to grow our investments, both in upstream and downstream."

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved