SAUDI ARABIA
Shell’s SRAK Plans Drive Feedstock Concerns
Shell will soon pull out from South Rub'i al-Khali (SRAK) Shell/Saudi Aramco joint gas exploration venture that has searched for gas in Saudi Arabia’s Empty Quarter for years, Reuters reported on 7 March. Shell disagrees with the government over terms. Such a move would pressure Saudi Arabia’s petrochemical and power industries, which already face feedstock issues. Shell, however, while...
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