RUSSIA’S LUKOIL EXPANDS STAKE IN IRAQ.
RUSSIA’S LUKOIL EXPANDS STAKE IN IRAQ.
Russia’s largestoil and gas conglomerate will control 70 percent of Iraq’s oilexports once the UN sanctions against Baghdad are lifted, Interfaxreported July 5. The potential profits from these fields are solarge that Moscow is likely to step up its drive to have the sanctionslifted.
Oil Companies Agree to Compete.
