Portuguese / Spanish / English

Middle East Near You

Russia to offer investment in Iraq gas field, official says

An employee turns a valve at a natural gas field in Iraq on 21 April 2020 [HUSSEIN FALEH/AFP/Getty Images]
An employee turns a valve at a natural gas field in Iraq on 21 April 2020 [HUSSEIN FALEH/AFP/Getty Images]

The Russian Ambassador to Iraq, Maxim Maksimov, said that Russia is seeking to invest heavily in Al-Mansouriya gas field, in the Diyala governorate.

Maksimov said in a press statement yesterday that “Russian companies are willing to mobilise significant funds and have submitted an investment tender for Al-Mansouriya gas field in Diyala.”

 He added that “three Russian companies in Iraq produce about 600,000 barrels of oil per day, including Kaz Brom, which operates in the Badra oil field in Wasit Governorate with a production capacity of 100,000 barrels of oil per day, in addition to 400,000 barrels in the Qurna field.”

The Russian ambassador stated that his country is paying special attention to the Russian-Iraqi Commission. Moscow has assigned its deputy prime minister to head the Russian delegation, in preparation for a very important meeting between the two sides, which was postponed due to the coronavirus crisis.

READ: MP: Iraq mulls purchasing Russia air defence system

Categories
Europe & RussiaIraqMiddle EastNewsRussia
Show Comments
Show Comments