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China is expanding its presence in Iraqi oil and gas by signing an agreement with Iraq’s Midland Oil Company to develop the Mansuriya gas field with a Chinese-Iraqi consortium. In May, Chinese companies won four bids for oil and gas exploration in Iraq during auctions with 29 projects. Iraq aims to boost domestic oil and gas output to reduce its reliance on Iran for gas.

Iraq, China Sign Deal for New Gas Field Development

< 1 minute read
China is expanding its presence in Iraqi oil and gas by signing an agreement with Iraq’s Midland Oil Company to develop the Mansuriya gas field with a Chinese-Iraqi consortium. In May, Chinese companies won four bids for oil and gas exploration in Iraq during auctions with 29 projects. Iraq aims to boost domestic oil and gas output to reduce its reliance on Iran for gas.
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