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Oil deal

Published September 3, 2008
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BAGHDAD, Sept 2: Iraq’s cabinet has approved a $3 billion oil service contract with China, the government of Prime Minister Nuri al-Maliki said on Tuesday, in a move that could signal the shape of anticipated future oil deals. The cabinet has approved a service contract to develop and produce the Adhab oilfield between the (Iraqi) Northern Oil Company and a Chinese company.—Reuters

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