CNPC cooperates with BP to develop Iraqi oilfield
October 12th, 2009
An initial agreement of great significance had been made last Thursday. One side is China National Petroleum Corp (CNPC), ranking first in China’s oil and gas production and Britain’s oil power, BP. The other side is Iraq’s Oil Ministry. They signed to develop Rumaila, Iraq’s largest oilfield.
Asim Jihad, Iraq’s Oil Ministry spokesman said that the signed contract should wait for the approval of the cabinet. Then, the ministry would fix the Read more…
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