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Citigroup Prfd C | NYSE:CPC | NYSE | Preference Share |
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0.00 | 0.00% | 8.00 | 0 | 01:00:00 |
BEIRUT (Zawya Dow Jones)--Italy's Eni (E), the U.S.-based Chevron (CVX), and China's CPC have expressed their desire to develop the Nasiriyah oilfield in Iraq's Dhi Qar province after the withdrawal of Japan's Nippon Oil Corp. from the project, pan-Arab Asharq Al Awsat daily reports Wednesday citing an official..
Nippon Oil, which qualified for the project in the technical and commercial offer that it submitted in 2009, withdrew from the project after the talks reached a dead end, Abdul Mahdi Al Amidi, director general of the contracts and licenses department at the Iraqi oil ministry, said according to the paper.
Newspaper website: http://www.aawsat.com//details.asp?section=6&issueno=12062&article=653201&feature=
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
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