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Iraq signs another major integrated energy deal

Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, petrochemicals, and power generation.
Oil Minister Hayyan Abdulghani (second from right), BOC Director General Bassim Abdul Karim (far right) and representatives of Geo-Jade and Hilal al-Basra attend a signing ceremony for the South Basra Integrated Project on May 21, 2025. (Photo credit: Oil Ministry)