VOL. XLII

No 48

29-November-1999

FSU

Shell Negotiating For 25% Of Azerbaijan Inam Offshore Field

Shell has confirmed that it is negotiating for 25% ofAzerbaijan痴 offshore Inam block. Dr. Gavin Graham, Vice President Central Asiafor Shell EP International B.V., told MEES on 24 November that Shell"is presently in discussions with Lasmo plc and Central Fuels Caspian SeaLtd. regarding the farm-out of their interest in the Inam license."

Lasmo and Central Fuels Caspian each hold a 12.5% stake inthe...