Saturday, May 4, 2024

Baghdad

Baghdad invites Gazprom to develop Nasiriyah oil field

 Baghdad invites Gazprom to develop Nasiriyah oil field

Workers walk through the Nasiriyah oilfield, 300 kilometers southeast of Baghdad. Photo: Reuters

Baghdad (IraqiNews.com) – The Prime Minister Office (PMO) said on Wednesday that the Iraqi government invited the Russian company Gazprom to develop the Nasiriyah oil field in southern Iraq.

The PMO mentioned that the Iraqi cabinet met to discuss the development of the Nasiriyah oil field.

The statement clarified that the Iraqi cabinet approved a decision to invite the Russian company to develop the oil field in southern Iraq.

During his participation in the activities of the Russian Energy Week Forum, Al-Sudani highlighted the Russian-Iraqi cooperation in the energy sector.

The Iraqi Prime Minister elaborated that Russian technologies in the gas, oil, and electricity areas will provide prosperity for Iraq, adding that the naturally resource-rich region needs economic cooperation as well as a multi-regional structure that creates a bright future.

It is believed that there are 586 million tons of oil reserves in the Nasiriyah oil field.

Gazprom’s oil subsidiary, Gazprom Neft, is involved in oil and gas projects in Iraqi Kurdistan and already has a presence in oil production in eastern Iraq.