Iraqi crude deal 'boost' for China's oil security quest
By Wan Zhihong | China Daily | Updated: 2009-07-02 08:04
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With a foothold in Iraq, China can diversify its oil supplies to enhance energy security, analysts say. Wang Jin |
The successful joint bid by BP and China National Petroleum Corp (CNPC) to develop an oilfield in Iraq has offered unique opportunities for the Chinese company to tap crude reserves in the oil-rich nation, analysts said yesterday.
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