China Petroleum Pipeline signs Iraq pipeline deal

Consortium formed to invest in $13bn Common Seawater Supply Project Iraq has signed a deal with state-owned China Petroleum Pipeline (CPP) and other foreign companies to secure investment in its $13bn Common Seawater Supply Project (CSSP). CPP is a subsidiary of China National Petroleum Corporation (CNPC) and specialises in engineering and construction. Under the deal CPP will form a consortium with other investors led by Jordan-based private firm Mass Global.