(EnergyAsia, January 2, Wednesday) — China’s state oil and gas company Sinopec will proceed to invest US$2 billion to develop Iran’s Yadavaran oil field despite objections by the US.The Chinese government has defended Sinopec’s agreement to develop the field to produce 85,000 b/d of crude within four years and to 185,000 b/d three years later.The…

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