Shell presses on with LNG tender round

Shell has gone ahead with a pre-qualification round for the supply of more than 400 kilometres of 32-inch subsea pipeline for the Phases 13&14-Persian LNG project, despite uncertainty over the timing and fate of the overall project.

18 January 2008 0:01 GMT Updated 18 January 2008 0:01 GMT

By VAHE PETROSSIAN, London

Pre-qualification bids were submitted this week to Shell's Dubai office by contractors in Iran and suppliers in neighbouring Persian Gulf countries.

However, the next step of issuing tenders may take some time, because Shell and its partner Repsol YPF have yet to make a final investment decision on the proposed scheme, which may require an investment of about $10 billion.

Shell said last year it was delaying a final investment decision because of costs and political risk factors.

The

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Shell presses on with LNG tender round