Iraq Pursues Nationalization of Oilfield Operations in West Qurna 2
According to Reuters, Iraq’s cabinet has approved the takeover of petroleum operations at the West Qurna 2 oilfield, one of the biggest in the world, in accordance with the conditions outlined in the service agreement with Russia’s Lukoil. The Majnoon oilfield account, which is refilled by profits from crude oil exports sold …