Iraq sees multi-billion dlr investment in Maysan

5/17/2010

BAGHDAD, May 17 (Reuters) - The development of the Maysan oilfield complex by China's CNOOC (0883.HK) and state-run Turkish Petroleum Corporation (TPAO) will require billions of dollars in investment, Iraq's oil minister said on Monday.

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"The development of such fields, according to our estimates, requires multibillion dollars in investment," Oil Minister Hussain al-Shahristani said after CNOOC and TPAO signed a final agreement over the 2.5-billion-barrel oilfield complex.

Iraq sees multi-billion dlr investment in Maysan - Source

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