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Shell accelerates Iraq drawdown with Majnoon exit

Negotiations begin over handing back the Majnoon operatorship, months after stake in West Qurna 1 was put up for sale, highlighting one major oil company's resistance to Iraq's tough terms.
The Majnoon contract being initialed by Shell Vice President Mounir Bouaziz on Dec. 20, 2009. (BEN LANDO/Iraq Oil Report)
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