Shell negotiates with Chinese about oil projects in Iraq

Category: World Oil & Gas news | Posted on: 16-04-2009

Royal Dutch Shell said on Tuesday that it negotiates with Chinese governmental oil companies to bring joint offers for oil projects in Iraq.

 

British Dutch Company said that it wants to expand its existence in refining and fuel sell sector in China which is controlled by giant governmental Chinese companies .

 

 

Shell is the second large NG oil company in world in the marketing value .it dropped its assets in fuel retail in Europe and Africa with drop of demand in these areas.

 

But the company was keen to have more presence in China, the second oil consumer of oil.


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