By John Lee.
Oil services company Petrofac has shrugged off worries that its performance will be hit by the unrest in Iraq.
In a trading statement on Tuesday, the company said:
"Our operations in Iraq are south and east of Baghdad and represent less than 5% of the Group's expected revenues for 2014.
"While we continue to monitor events closely, there has been no significant impact on our current operations to date."
(Source: Petrofac)
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