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China to charge $6 a barrel to develop Iraq field (AFP)

Workers man a drill at an exploration site in the Longgang gas field in Lishan, in southwest China's Sichuan province. Iraq has cleared a plan to develop an oil field by China Petroleum National Corp. at a service fee of six dollars a barrel, giving Beijing a foothold into the world's third largest oil reserves.(AFP/File/Liu Jin)AFP - Iraq on Tuesday cleared a plan to develop an oil field by China Petroleum National Corp. at a service fee of six dollars a barrel, giving Beijing a foothold into the world's third largest oil reserves.


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Created by sudha1234 Created 12 weeks 6 days ago – Made popular 12 weeks 6 days ago
Category: Science
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