Shell is struggling to find a buyer for its gas field off the Gaza Strip, “even among energy companies long used to dealing with projects fraught with political and security risks,” Reuters reports. “Until the political situation is resolved I really can’t see anything happening here,” a source says. “According to two industry sources, Shell is currently in talks with the Palestinian Investment Fund (PIF) to find a buyer for the energy giant’s 55 percent stake in Gaza Marine.” The field is estimated to hold 1 tcf of natural gas. Shell is unlikely to go ahead with the development of the field in the foreseeable future, according to several sources.

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