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Gas Natural and Repsol YPF to present offer of contract to Izar (Repsol YPF y Gas Natural encargaran a Izar la construccion de otros dos barcos ).

Europe Intelligence Wire

| November 19, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From El Pais)

The Spanish ministry of industry has acknowledged that state-owned shipbuilder Izar was in talks with petrochemicals group Repsol YPF and gas group Gas Natural in relation to an offer of a shipbuilding contract. Gas Natural and Repsol YPF were recently awarded a landmark contract for the extraction of oil in Algeria.

The contract, which would be for the construction of …

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