Iraq Signs Mega-Energy Deal With Chinese Oil Firm

The Al-Dora refinery complex in Iraq's capital Baghdad on December 17, 2024. (Photo by AHMAD AL-RUBAYE / AFP)

Iraq signed a major energy deal Wednesday with a Chinese petrol company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants.

China has gained a major foothold in oil-rich Iraq in recent years, becoming a major player across various sectors and now one of the largest importers of Iraqi crude.

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by Agence France-Presse

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