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Chinese state-owned energy company Sinopec has signed a deal to develop the Mansuriyah gas field in Iraq, the country’s oil ministry said last week.
The field is estimated to have gas reserves of 4.5 trillion ft3 and is expected to produce 300mn ft3/day of gas. Sinopec will have a 49% interest in the field and Iraq’s state-owned Midland Oil Company will own the rest 51%.
According to the Iraqi government, the Mansuriyah gas field is the second-largest gas field in Iraq.
