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Many have expressed discontent with Iraq's

risky investment environment and unfavorable contract terms.

US oil giant Exxon Mobil's exit from West Karna One Field

last year came despite Iraq's pleas to stay.

Chinese companies dominate oil contracts

from operating fields to providing downstream services,

and they continue to win more.

Recently, Iraq finalized terms with the Chinese

Sinopec to develop Mansouria gas fields,

which could produce 300 million standard cubic feet per day

if approved by Iraq's next government.

Investing in Iraq is a risk that China is willing to take.

With lower profit margins,

Chinese firms will always offer

more attractive, lower-priced contracts,

industry officials and Iraqi officials say.

Thursday is Chinese Corner at the Language Department.

Chinese businesses from oil to wallpapering

come and meet the students under the pretext

of practicing language skills.

Most will end up with promises for future employment.

"We speak in Chinese and talk about business

"and the future," said one student.

...