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China ahead in race for stakes in Abu Dhabi's biggest oil concession
Published Tue, Feb 21, 2017 · 09:50 PM
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Dubai
CHINESE companies are big winners in the competition among foreign bidders for stakes in Abu Dhabi's largest oil concession, snatching a combined 12 per cent of the venture as the Middle Eastern emirate looks increasingly to Asia, its biggest market, for investment.
Abu Dhabi National Oil Co awarded a 4 per cent stake…
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