Shell signs gas deal with China

Friday, March 26, 2010

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Royal Dutch Shell has strengthened its ties in China with a 30-year deal to explore for natural gas in the country.

The Anglo-Dutch energy giant will partner China National Petroleum Corporation (CNPC) in the project.

The deal follow's this week's joint bid with PetroChina, owned by CNPC, for Australia's Arrow Energy gas company.

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Shell signs gas deal with China

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