About China tower wins bid for iraq energy storage
China's Geo-Jade won a bid to develop Zurbatiya block in Wasit province in central Iraq. It initially asked for 12.65 per cent of the net profit, but later accepted the Oil Ministry's offer of 7.65 per cent. The block has oil potential. Geo-Jade also won rights to develop Jabal Sanam block in Basra province with oil potential.
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