Do PetroChina and Sinopec have oil fields in Iraq? It is said that the oil quality in Iraq is better?

China has acquired three oilfields, namely CNOOC is Missan Oilfield, PetroChina is Hafaya Oilfield (the joint development led by PetroChina began in 20 10/0,20 years), Achad Bu Oilfield (the joint company of PetroChina and China North Industries Company only provides technical services), Halefile Oilfield (the joint exploitation of PetroChina and Iraq) and Rumaila Oilfield (the fourth largest oilfield in the world, composed of PetroChina and North Industries Company).

Sinopec seems to have no projects for the time being. It is said that since Sinopec acquired Addax Oil Company of Switzerland, it has been rumored in the industry that the Iraqi government will ban Sinopec from participating in the new round of bidding, because Addax Oil Company has a joint venture Taq Taq Company in Iraqi Kurdistan, which produces 300,000 barrels of crude oil every day, and the crude oil produced is directly digested by local refineries. In addition, it also holds 26.67% oil field interests in Sangaw area of Iraq.

As for the quality of oil, the quality of oil in the Middle East is already very advantageous! The oil used by consumers mainly depends on the quality of refining!