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Shell may pull out of Zimbabwe

LONDON: Oil giant, Royal Dutch Shell, may pull out of operations in Zimbabwe, the Observer newspaper reported Sunday.

The report comes after British Prime Minister, Gordon Brown last month called for businesses to look carefully at their involvement in the country, riven by violence over the disputed re-election of President Robert Mugabe.

Shell has a shareholding in a small retail joint venture operated by rival BP, the company told the newspaper in a statement. The firms reportedly supply 74 petrol stations in Zimbabwe.

Read the full article here.

[8 Jul 2008 08:27]

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