China Makes Big Moves To Secure Iraqi Oil ...Middle East

  Whilst the U.S. and its allies appear to be taking a subtle approach to advancing their remaining interests in Iraq, as hinted at by the Qatar’s talks to buy a 30 percent stake in TotalEnergies’ US$27 billion project package, China seems to be taking a more direct route to what it wants. Last week saw six oil concessions awarded by Baghdad to three companies from China and the UAE, as part of the fifth licensing round, according to Iraq’s latest Oil Minister, Hayan Abdul Ghani. In addition, according to a senior source…

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