Tag Archives | Russia

Iraqi PM discusses Russian Investment

By John Lee. On Wednesday, Iraqi Prime Minister Mohammed Shiaa Al-Sudani received the Chairman of the Russian Union of Manufacturers and Businessmen and the founder of Lukoil, Mr. Vagit Alekperov, along with his accompanying delegation. During the meeting, discussions were held regarding Russian companies operating in Iraq, in light of the visit made by the […]

Russia's Gazprom to Develop Nassiriyah Oilfield

By John Lee. The Iraqi Cabinet has agreed to invite Russia's Gazprom to develop the Nassiriyah oilfield as a single contract. While described in a statement from the Prime Minister's office as an "integrated development project", to be offered as a "single bid", it is not immediately clear if this is the originally proposed Nassiriya […]

Iraqi Airways cancels Flights between Baghdad and Moscow

By John Lee. Iraqi Airways has announced that its scheduled flights between Baghdad and Moscow are cancelled, effective from 3rd February until further notice. According to Iraq's Ministry of Transport, the cancellation is due to what it describes as, "operational reasons with the Russian side." Passengers with reservations are advised to contact the airline for […]

Lukoil Extends Contract at Iraq's West Qurna 2 Oilfield

By John Lee. Russian oil firm Lukoil has signed an agreement extending its contract at Iraq's West Qurna 2 oilfield by 10 years, taking it to 2045. Full statement from Lukoil: The representatives of PJSC LUKOIL and Basra Oil Company signed a Supplementary Agreement to the contract on the development and production of oil at […]

Iraqi Oil Minister meets with Gazprom Officials in Russia

By John Lee. During his official visit to the Russian Federation, Deputy Prime Minister for Energy and Oil Minister, Hayan Abdul Ghani, met with Alexander Dyukov, Chairman of Gazprom Neft's Board of Directors, along with other company officials. The Russian Ambassador to Iraq, Elbrus Kutrashev, also attended the meeting. The discussions primarily revolved around bilateral […]

Russian Business Leader discusses Opportunities in Iraq

By John Lee. Dr. Qahtan Taha Khalf, the Ambassador of the Republic of Iraq in Moscow, met with Alexey Repik, the President of Business Russia, on Tuesday. Business Russia describes itself as "an All-Russia Public Organization which represents the interests of private non-resource businesses - local industry leaders." During the meeting, they discussed ways to […]

Calls to Release Scholar Kidnapped in Iraq

By Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Release Kidnapped Scholar The Iraqi government should take steps to ensure the immediate and unconditional release of Elizabeth Tsurkov, a US-based scholar who was kidnapped in Iraq on March 21, 2023, four organizations including Amnesty International […]

Real Reason Russia is Ramping Up Oil Production in Iraq

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Real Reason Russia Is Ramping Up Oil Production In Iraq With the future of independent oil supplies from the KRI looking highly precarious, Russia is moving firmly into the last […]

Russia's Lukoil discusses Development of West Qurna 2

By John Lee. Mr. Hayan Abdul Ghani, Deputy Prime Minister for Energy and Minister of Oil, welcomed Mr. Ivan Romanovski, Lukoil's Vice President for the Americas, Africa, and the Middle East, along with the accompanying delegation, including Mr. Alexey Yakovlev, General Manager of Lukoil Middle East Limited, and the company's Baghdad office director. During the […]