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U.S. audit can’t determine how much Iraq ministries spent on capital projects ….

Plus: *Oil Ministry cracks down more on oil firms signing deals with Kurds *Kirkuk pipeline cutting short planned oil sales *Oil refineries, power plants have a bad week *Much, much more… Iraq's Oil Ministry spent $558 million on capital projects in 2007 to improve its struggling oil sector. Or $500 million. Or only $270,000. A […]