“China’s biggest energy firm PetroChina will join Exxon Mobil  in developing Iraq’s giant West Qurna oilfield and is in talks with Lukoil  to buy into a second project at the field, industry sources said on Friday. China is already the top foreign player in Iraq’s southern oilfields and a deal at West Qurna would boost its dominance and could make PetroChina the biggest single foreign investor. PetroChina partners BP  at Rumaila, Iraq’s biggest oilfield, and operates the Halfaya field. The company was the first foreign firm to sign an oil service deal in Iraq after U.S.-led forces toppled former president Saddam Hussein.”

http://www.rawstory.com/rs/2013/08/09/petrochina-to-join-exxon-on-giant-iraqi-oilfield-source/

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