Iraq signed a final agreement with Shell worth $ 17 billion
11/27/2011 | (Voice of Iraq)
BAGHDAD (Reuters) Iraq signed a final agreement worth $ 17 billion with Shell and Mitsubishi on Sunday to collect the gas currently being flared in the southern oil fields and in the project could boost electricity production much needed. The aim of the agreement amounting to a 25-year-old is one of the largest agreements signed by Iraq with foreign energy companies to exploit the gas being burned in the southern fields, which exceed the $ 700-million cubic feet per day.
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