Why Russian Oil Giant Lukoil Won’t Give Up On This Huge Oilfield

Iraq Map, adapted from image at cia.gov

(Oilprice.com – Simon Watkins – Aug. 10, 2021) There was always something that did not look quite right about Lukoil’s recent announcement that it was going to withdraw from Iraq’s huge West Qurna 2 oil field, located 65 kilometers northwest of the southern port of Basra and with roughly 14 billion barrels of reserves in place. So it has proven, […]

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