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Iraq signs $3B oil deal with Chin jomana
the current contract, however, will only be a
it would allow the cnpc to develop an oil frield in southern iraq's wasit petrovince for about 20 years, said oil ministry spokestiman assim jihad .
as it did with other international companies, the saddam regime had a partnership contract with cnpc signed at the end of the 1990s that entitled the company to share profits .
iraq has among the largest oil reserves in the world with and estimated 115 billion barrels -- tying iran for the no .