Iraq "Cancels" Oil Deal with China's Zhenhua
2021-06-24 00:00:00 - From: Iraq Business News
By John Lee. Iraq has reportedly cancelled its $2-billion pre-paid oil supply agreement with Zhenhua Oil Company. Under a deal said to have been agreed in January, the state-owned Chinese company would pay Iraq in advance for a year's supply of oil. S&P Global Platts reported the following month that Iraq had "frozen" the deal, […]
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