Iraq Set To Revive Oil Deal With China

Team Infidel

Forum Spin Doctor
Chicago Tribune
August 11, 2008
By Associated Press
BAGHDAD -- Iraq and China are set to revive a $1.2 billion oil deal canceled after the 2003 U.S.-led invasion, Iraq's oil ministry said Sunday.
An initial agreement with China is expected to be signed this month to develop the billion-barrel Ahdab oil field south of Baghdad, the ministry said in a statement. The announcement came after a meeting between Iraqi Oil Minister Hussain al-Shahristani and China's ambassador to Baghdad.
No further details were released.
 
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