New details emerge in Iraqi oil deal with China

China says a multi-billion dollar oil deal with Iraq is still being negotiated. This contradicts reports last week from Iraqi officials, who said the deal had been signed, Daniel Schearf reports for Voice of America.

China’s Foreign Ministry on Thursday said negotiations with Baghdad to exploit an Iraqi oil field continue.

Iraq’s embassy in Beijing last week said Iraqi officials had signed a $3 billion deal with China National Petroleum Corporation.

Iraqi officials in Baghdad later con…

China says a multi-billion dollar oil deal with Iraq is still being negotiated. This contradicts reports last week from Iraqi officials, who said the deal had been signed, Daniel Schearf reports for Voice of America.

China’s Foreign Ministry on Thursday said negotiations with Baghdad to exploit an Iraqi oil field continue.

Iraq’s embassy in Beijing last week said Iraqi officials had signed a $3 billion deal with China National Petroleum Corporation.

Iraqi officials in Baghdad later con…

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