Iraq nears massive oil sector deal with Exxon
After years of negotiations, the Southern Iraq Integrated Project is gaining traction - a critical piece of Iraq's long-term plans to increase production and exports.
A welder seals a segment of a pipeline connecting a storage facility at Fao to floating export terminals in the Basra Gulf. Iraq's state-run South Oil Company (SOC) started work on the 700-meter pipeline, which is 24 inches in diameter, on Aug. 15, 2012. (STAFF/Iraq Oil Report)
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