Middle East Economic Survey

VOL. LIII

No 11  

15-March-2010

IRAQ

Baghdad And Chinese Firms Initial Misan Fields Agreement

Iraq’s Ministry of Oil and Chinese firms CNOOC and partner Sinochem have signed an initial agreement to boost output at the Buzurgan, Abu Ghirab and Fawqa fields from around 100,000 b/d to 450,000 b/d within seven years, Reuters reported on 7 March – the same day Iraqis went to the polls to elect a new government. Theoretically the deal needs...