VOL. XXXIX

No. 43

22-July-1996

GENERAL

Shell's Mideast Output Of Liquids Projected To Decline

Total production of hydrocarbon liquids by the Royal Dutch/Shell Group from its equity share in Middle East oil ventures is estimated at 472,000 b/d in 1995 and 455,000 in 1996, or 20.9% and 19.3% of the group's world production in those two years respectively, according to a report by Goldman Sachs UK/Netherlands Research. The Group's output of liquids from its equity shares in the Middle East...