A New Oil Campaign in Iraq

... Gazprom Neft plans to increase production. Upon receiving the assets of Bashneft, Rosneft gained a significant share of the Iraqi market. Bashneft had been developing Block 12 in the governorates of Muthanna and Najaf. Nonetheless, as Russia’s political interest in the region grew, the positions of Russian energy companies, including Rosneft, became stronger. It was against this background that in 2017, at the 21st St. Petersburg International Economic Forum,...