Tuesday 8 July 2014

Shell ending investments in gas development project in #Saudi Arabia | Arab News

Shell ending investments in gas development project in #Saudi Arabia | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.:



"Royal Dutch Shell is ending investments in a gas development project in Saudi Arabia, complicating the top oil exporter’s efforts to exploit its huge gas reserves.



The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.



But the emergence of the shale gas industry has opened up more lucrative opportunities for energy companies elsewhere."



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