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发表于 2008-11-13 10:12:54
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It will also create job opportunities and increase Iraq's oil exports, according to the statement.
Zhi Yulin, board chairman of the Alwaha Co, which is affiliated with CNPC and will take part in the project, told Xinhua that he hoped the project would boost Iraqi oil output, help facilitate postwar reconstruction, create job opportunities and contribute to social stability.
While underlining that security was the biggest challenge the company would face, Zhi promised the firm would do its best to guarantee employees' safety.
CNPC had signed an agreement on the project with the Iraqi government in 1997, but it was postponed by the UN sanctions on Iraq and the US-led invasion of the country in 2003.
Iraq, with the world's third-largest proven oil reserves, re-restarted its cooperation with foreign oil companies at the end of June.
Iraq wants to triple its production capacity to 6 million barrels a day by 2016 with the help of foreign companies. |
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