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Shell abandons Qatar gas well

Published Updated

imageLONDON: Royal Dutch Shell said on Friday that exploration of its majority-owned QSD-1 natural gas well in Qatar did not reveal commercial volumes.

The oil and gas major said that it remains committed to future plans in the gas-rich Gulf producer.

The well "reached total depth as planned; however, it did not encounter commercial volumes of hydrocarbons," Shell said in a statement.

The QSD-1 project is 75 percent owned by Shell and 25 percent owned by PetroChina.

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