Iraq on Sunday invited companies to submit statements of interest in building a new pipeline from the northern city of Kirkuk to Turkey’s Mediterranean port of Ceyhan.
Deal with China
Under the initial deal with Zhenhua Oil, which will be announced in formal ceremonies to be held in Baghdad on Monday,the Chinese firm will commit to building an “oil residentialcomplex”, the statement said.
Oil Ministry officials said increasing East Baghdad crudeproduction would help feed nearby refineries and power stationsand free up more oil for exports from the southern region.
Iraq produces and exports the bulk of its crude from the southern region.