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(Reuters) Ron Bousso - Royal Dutch Shell is struggling to find a buyer for its 55% stake in an undeveloped gas field off the Gaza Strip. The Gaza Marine field has long been seen as a golden opportunity for the Palestinian Authority to join the Mediterranean gas bonanza. Shell became the field's main shareholder when it acquired BG Group in 2016. The field is estimated to hold over 1 trillion cubic feet (tcf) of natural gas, the equivalent of Spain's consumption in 2016. 2018-01-16 00:00:00Full Article
Shell's Gaza Gas Field Sale Hits Problems
(Reuters) Ron Bousso - Royal Dutch Shell is struggling to find a buyer for its 55% stake in an undeveloped gas field off the Gaza Strip. The Gaza Marine field has long been seen as a golden opportunity for the Palestinian Authority to join the Mediterranean gas bonanza. Shell became the field's main shareholder when it acquired BG Group in 2016. The field is estimated to hold over 1 trillion cubic feet (tcf) of natural gas, the equivalent of Spain's consumption in 2016. 2018-01-16 00:00:00Full Article
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