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OIL AND GAS
Gunmen in Iraq attack Sinopec cars, wound two Sudanese
by AFP Staff Writers
Kut, Iraq (AFP) Jan 12, 2022

Gunmen in Iraq opened fire Wednesday on two vehicles belonging to Chinese oil giant Sinopec, wounding two Sudanese guards working for the company, a security source said.

The attack took place in Iraq's southeastern Maysan province in the district of Al-Majer al-Kabir.

The two security guards were "wounded in a Kalashnikov attack which targeted two cars belonging to Sinopec", the source said, speaking on condition of anonymity.

Chinese workers were also in the vehicles.

Sinopec has operated in the district since 2013.

Iraq has been left awash with weapons after decades of conflict, and the attackers have not been identified.

In December, a rocket and gunfire targeted the premises of Chinese oil services company ZPEC in the southern province of Nasiriyah, without causing any casualties or damage, officials said.

Chinese companies operate in oil fields across Iraq, and Beijing is the main market for Iraqi oil, taking some two fifths of the country's crude exports.

Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries, and oil accounts for more than 90 percent of its revenues.

In November, the country exported more than 98 million barrels of crude that brought in more than $7.6 billion, according to the oil ministry.

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SINOPEC - CHINA PETROLEUM & CHEMICAL CORPORATION


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OIL AND GAS
Gulf ministers visit China amid energy fears
Beijing (AFP) Jan 10, 2022
Foreign ministers from oil-rich Gulf states arrived in Beijing on Monday for a five-day visit as turmoil in neighbouring Kazakhstan raises concerns about China's energy security. The officials from Saudi Arabia, Kuwait, Oman and Bahrain, as well as secretary general of the Gulf Cooperation Council (GCC) Nayef bin Falah al-Hajrah, will be in China until Friday, the foreign ministry has said. Recent unrest in oil and gas-rich Kazakhstan has raised concerns in China, which has long invested heavily ... read more

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