Search
Close this search box.

$19 Billion Is The Size Of Russia’s Investments In Iraq’s Energy Sector

Facebook
Twitter
LinkedIn
WhatsApp

Russian Foreign Minister Sergey Lavrov announced today, Wednesday, at an exhibition dedicated to the 80th anniversary of Russian-Iraqi diplomatic relations, the volume of his country's investments in Iraq. Lavrov said, in a speech during the exhibition: "The oil and gas industry has traditionally been the central element in our practical cooperation with the Iraqi side, and a number of major projects are now being successfully implemented with the participation of leading Russian oil companies, and the total volume of Russian investments in the Iraqi energy sector exceeds $ 19 billion." The Russian minister explained that the companies "Lukoil", "Gazprom Neft" and "Rosneft" represent the main share of these investments. Source: National Iraqi News Agency