The Times: Need to Know: “Royal Dutch/Shell and Repsol, the oil and gas giants, have reached a project framework agreement with the Iranian Government…” (ShellNews.net)

September 24, 2004

Yukos, the embattled Russian oil major facing back-tax claims of $7.5 billion (£4.2 billion), secured more of its export routes for October after Chinese firms pledged to cover rail shipping fees.

Royal Dutch/Shell and Repsol, the oil and gas giants, have reached a project framework agreement with the Iranian Government and the National Iranian Oil Company to study the viability of a liquefied natural gas project.