Iraq has signed a contract with a consortium consisting of China-based Geo-Jade Petroleum Corporation and Basra Crescent to develop the Iraqi Tuba field and increase its production from 20,000 b/d to 100,000 barrels per day (b/d) , according to Reuters. The project will also include establishing a refinery with a capacity of 200,000 barrels, a […]
The post Iraq, China Sign $848 mn Energy Development Deal in South Basra first appeared on Egypt Oil & Gas.
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