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KOGAS Recoups Investment in Zubair

2017/12/12 | 19:20

(Iraq Now News)- By John Lee.

The state-owned Korea Gas Corporation (KOGAS) has said that it has recouped its $2.49 billion investment in the Zubair oil field in southern Iraq.

According to a report from Yonhap, the company has recovered $2.53 million as of December, which exceeds its initial outlay.

The oilfield is currently producing around 360,000 barrels […]

Note: The post (KOGAS Recoups Investment in Zubair) appeared first on (Iraq Business News) and do not necessarily reflect the position of IraqNow.news.
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