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A New Oil Campaign in Iraq

... LUKOIL’s work in Iraq on a mutually beneficial basis. For instance, in 2013, the contract was prolonged until 2035. LUKOIL’s 2018 oil field development plan entails reaching the production level of 800,000 barrels per day in 2025. In January 2010, Russia’s Gazprom Neft, in a consortium with Kogas (South Korea), Petronas (Malaysia) and TPAO (Turkey), won a tender to operate the large Badra oil field. Gazprom Neft also has oil fields in the Kurdistan Region. The company operates two projects in the Kurdistan ...

26.11.2019

analytics

Russian Oilmen Unafraid of Iraqi Hazards

... diplomatic skills in engaging both Iraqi and Kurdish leaders during their visits to Moscow and promoting the interests of Russian oil companies. Overall instability notwithstanding, the current Iraqi environment is not too hostile for the operation of Russian firms, since LUKOIL Oversea and Gazprom Neft are working in areas free of major military clashes and terrorist attacks against oil infrastructure. However, the medium- and long-term prospects for increasing output at the operating fields and expanding assets in Iraq are still blurry,...

13.01.2015

analytics

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In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)