Middle East Economic Survey


No 27  


Iraqi Cabinet Gives Initial Approval Of $17Bn Shell Gas Deal

Iraq’s cabinet on 29 June gave its approval for ratification of a Shell-led initiative covering development of 25-30 trillion cu ft of proven associated gas reserves from four of the major oil projects in the country’s southern Basra province. The move comes amid mounting public anger at the lack of electricity, which saw two demonstrators shot dead...