PetroChina is going to broaden business in Iraq together with Exxon Mobil and Lukoil
Edited by Rhod Mackenzie / 2013-08-09 04:31:00
The Chinese PetroChina together with the American Exxon Mobil are going to jointly develop the deposit of Western Kurna-1 in Iraq. The company also negotiates with Lukoil about purchase of a shareholding on one more project, Western Kurna-2. Currently China is the largest foreign investor in the southern Iraqi deposits.
Translated by Nadezhda Poltoratskaya
