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Chinese Firm Signs Deal to Develop Iraq's Al-Faw Refinery

REFINING

China’s Hualu Engineering has signed a deal to develop Iraq’s 300,000 bpd Al-Faw refinery according to INA reports.

  • Further details are not clear at present.
  • China's UEG on Saturday won a bid to develop the Al-Faw oil and gas field in the Iraqi-Kuwaiti-Iranian border region.
  • The deals highlight growing Chinese investment within the Iraqi oil sector.

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