Companies / China
IOCs May Gain Access to Tarim Basin
July 2006 | Industry NewsChina is planning to allow foreign oil companies a rare chance to carry out exploration activities in parts of the resource-rich Tarim Basin in the north-west of the country, according to state-owned China National Petroleum Corporation (CNPC). This move will be welcomed by international oil companies (IOCs), which have traditionally been kept away from China's most prolific
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