Russia and Iraq are discussing the terms of joint development of an oil field

Nasiriya will become the next field to be operated by the Russian Federation. Russian companies have accumulated experience in cooperation with Iraqi partners in the oil sector, the Russian Ministry of Energy states

The parties have been developing joint oil production projects at three fields for more than 10 years, and the largest Eridu field in 25 years has also been discovered

KRISTALL ROSTA previously reported that according to Bloomberg’s assessment, Russia is winning in the oil market despite the sanctions