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American base in Basra on frontline of oil boom

The U.S. and British troops and diplomats based at COB Basra see themselves forming a crucial conduit for foreign oil companies entering Iraq's southern oil sector.
BP Iraq President Michael Townshend (r) explains the dynamics of the Rumaila oil field to U.S. Maj. Gen. Vincent Brooks as executives from oil firms such as Italian Eni and diplomats including U.S. Ambassador to Iraq Christopher Hill observe from a rig platform during a late-May 2010 tour. (BEN LANDO/Iraq Oil Report)
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