Russian Oil Companies and Iraq
The visit to Russia by PM Maliki is leaving the Russians in a great mood and Lukoil is changing or amending their oil contracts with Iraq to meet the new legislation as the Russians have there eye on Iraq’s West Qurna-2 oilfield.
The agreement to work on the field was signed by a consortium of the Russian companies Lukoil, Mashinoimport and Zarubezhneft.
PM Maliki will be headed to London for an Investment conference he surely does not want to miss.