Oil Ministry may continue negotiations with Shell

BAGHDAD / IraqiNews.com: The Iraqi Oil Ministry may extend the negotiation period with Shell Company to form the Basra Gas Investment Firm, until reaching a final agreement that satisfies all sides. “The new firm will positively affect the Iraqi economy,” Assim Jihad, the Ministry’s spokesperson, told Iraqi News on Tuesday. He said that it will offer natural gas necessary for different industries. MH (P) / SS 1