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Gold9472
09-20-2006, 08:13 PM
Pentagon awards BP, Shell big fuel contracts

http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-09-19T220110Z_01_WBT005988_RTRIDST_0_ARMS-FUEL-URGENT.XML&rpc=66&type=qcna

Tue Sep 19, 2006 6:00pm ET

WASHINGTON, Sept 19 (Reuters) - The Pentagon's Defense Logistics Agency on Tuesday awarded contracts for turbine and naval distillate fuel to BP (BP.L: Quote, Profile, Research) and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) on Tuesday.

BP West Coast Products LLC, a unit of London-based BP, won a 12 month contract worth up to $573 million for JP-8 turbine fuel and F-76 naval distillate fuel, the agency said in a statement.

Shell Oil Products U.S., a U.S. subsidiary of Royal Dutch Shell, won a 12-month contract worth up to $254 million for JP8 turbine fuel. The contracts end on Oct. 30, 2007.