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Chevron Oil Co. to invest in Kurdistan region
19/07/2012 22:42:00
Erbil (NINA) – The Chevron Company, second largest oil company after Exxon, announced that it has concluded a contract with the Indian Relines Company, by which Chevron buys most of the Indian company's shares in investment and exploration of two oil fields in Kurdistan region.
The Patriotic Union of Kurdistan (PUK) quoted the New York Times saying that such a step by a large company like Chevron shows that the Kurdistan region relations with Baghdad are getting complicated, and the region is gradually will become center of attraction for international oil investors. / End.
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19/07/2012 22:42:00
Erbil (NINA) – The Chevron Company, second largest oil company after Exxon, announced that it has concluded a contract with the Indian Relines Company, by which Chevron buys most of the Indian company's shares in investment and exploration of two oil fields in Kurdistan region.
The Patriotic Union of Kurdistan (PUK) quoted the New York Times saying that such a step by a large company like Chevron shows that the Kurdistan region relations with Baghdad are getting complicated, and the region is gradually will become center of attraction for international oil investors. / End.
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