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China the frontrunner to buy Exxon out of Iraq oil

By: Yossel in TT | Recommend this post (0)
Fri, 21 Dec 12 3:26 AM | 351 view(s)
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Msg. 03071 of 03132
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China the frontrunner to buy Exxon out of Iraq oil

Iraqi workers walk in West Qurna oilfield in Iraq's southern province of Basra November 28, 2010.

BEIJING/LONDON (Reuters) - China National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a move that would diminish Western oil influence in Iraq a decade after the U.S.-led invasion.

Credit: Reuters/Atef Hassan

Charlie Zhu and Peg Mackey

BEIJING/LONDON |
Thu Dec 20, 2012 12:14pm EST

link-
http://www.reuters.com/article/2012/12/20/us-iraq-energy-china-idUSBRE8BJ0ZH20121220

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