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Optimism swells over giant Eridu discovery

Lukoil has upgraded an assessment of its Block 10 exploration results – the latest success stemming from a 2012 contract auction that was initially seen as lackluster.
Iraq Oil Minister Abdul Karim Luaibi opens the bid from Lukoil for Block 10 on the second day of Iraq's fourth bidding round, on June 1, 2012. (BEN LANDO/Iraq Oil Report)
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