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Iraq plans to increase oil production with a Russian company
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Economy News-Baghdad
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Added 10/22/22 - 9:08 AM
Update 10/22/22 - 1:15 PM
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Economy News-Baghdad
Today, Saturday, an Iraqi oil official announced plans to increase production in the Badra field with the Russian company, "Gazprom Neft."
Ali al-Wardi, an official in the Iraqi Oil Ministry, told the Russian "Sputnik" news agency that it is scheduled to increase the volume of oil production in the Badra field in Iraq with the Russian "Gazprom Neft".
In response to a question about cooperation with a Russian company in the Badra field, the official said: "This is an old contract... Gazprom Neft continues to work under this contract. There are plans to increase oil production in this field."
Earlier, Iraqi Oil Minister Ihsan Ismail said that Baghdad wants to sign a contract with the Russian "Gazprom Neft" to improve conditions for the development of the Badra field.
"Gazprom Neft" is working in Iraq on the Badra project, and in the Kurdistan Region within the Garmian (Sarkala field) and Shakl projects.
Earlier, the OPEC + countries, including Iraq, expressed their support for the decision to cut production that was approved this month.
This comes after the United States said that Saudi Arabia pushed some countries in the group to take this decision, in an escalation of a war of words with Riyadh, according to Reuters.
69 . views
Added 10/22/22 - 9:08 AM
Update 10/22/22 - 1:15 PM
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