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Iraq would favor bids by Russia's Lukoil (LUKFY.PK) and China's CNPC if they decide to buy Exxon...

Iraq would favor bids by Russia's Lukoil (LUKFY.PK) and China's CNPC if they decide to buy Exxon Mobil's (XOM) stake in the West Qurna-1 oilfield, a senior oil ministry official tells Reuters. A sale of the stake to either company would greatly strengthen the position of Russia or China in exploiting Iraq's oil reserves, the world's fourth biggest.
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