Iraq rejects Russian oil deal
Published 4 May, 2007 09:01 | Updated 4 May, 2007 13:01
Iraq has rejected Russia's offer to forgive more of its debt in return for a stake in Iraq's Rumaila oilfield, that pumps around 1.5 MLN barrels per day - the bulk of Iraq's crude exports. Iraq currently holds the world's third largest oil reser
Reportedly, Russia's top private oil producer, Lukoil, also wants to restore a deal for the West Qurna oilfield. It was dropped in 2002 by Saddam Hussein's government.
You can share this story on social media:
Follow RT on
Please check our commenting policy. If you have questions or suggestions feel free to send them to feedback@rttv.ru.
