Energy

CNPC awarded 2m barrels of oil

(China Daily)
Updated: 2011-05-31 15:02

China National Petroleum Corp (CNPC) has received its first cargo of crude oil, as payment for helping to develop Iraq's Rumaila oilfield, the company said on Monday.

CNPC, the parent of PetroChina, sent off a crude oil carrier carrying 2 million barrels of oil from the Basra Oil Terminal in southern Iraq on Saturday, the China Petroleum Daily, reported.