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Shell has announced that it has granted a $63 million contract to build an electricity generation plant for its gas capture project southern Iraq to Swiss engineer ABB Ltd.

Jasser Hanter, general director of the Shell gas project, told reporters that ABB will build two 25 megawatt power plants at Khor al Zubair.

The $17 billion Basra gas project led by Shell and Mitsubishi aims to harvest natural gas that is now flared off by Iraq’s oil production and use it to generate electricity.

(Source: Reuters)

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