Shell interested in LPG in Constanta

Shell Group is planning an active involvement in the development of the liquefied petroleum gas (LPG) terminal project in Constanta, which it will use to run import-export operations, the chairman of the Agency for Foreign Investment, Marian Saniuta, said. He met with a delegation of the Anglo-Dutch group, headed by the vice-president of the international operations division Mark Williams, in Bucharest on Friday. The United States Trade and Development Agency (USTDA) in 1999 granted the former national electricity regie autonome CONEL non-repayable financing to devise the feasibility study for the project to build a maritime LPG terminal in Constanta. The survey was drawn up by Energy Transportation Group, with Black Sea LPG Romania SA set to build the terminal in question. The project eventually failed. Mediafax