Two months ago on 10 June I posted a comment about the Iraqi oil workers some, not all were in Russia, receiving some technical training in the oil industry.
On 28 August I posted a comment about the Russians close to signing agreements with the South Oil Company for oil wells in southern Iraq.
Now today 17 September it has been reported via Kuna web site that the Russian oil company Lukoil has signed new contracts with the South Oil Company for oil wells in the South.
BAGHDAD, Sep 17 (KUNA) – The Iraqi Oil Ministry will revise contracts signed with a Russian oil company during the rule of the defunct regime of Saddam Hussein, Al-Sabah paper, the government mouthpiece said Sunday.
The paper quoted an official source from the Oil Ministry saying the Lukoil Oil Company was scheduled to invest in several oil wells in the southern region of Iraq.
He added that members of Lukoil visited the ministry and expressed their desire to carry on with the deal, pointing out that the ministry will revise all contracts signed during Saddam Hussein’s rule, as he used the deals for political interests.
For all my dedicated readers I am sure you picked up on this, I am just pointing this out so you know I think I have a good source. There is another element that the Russians are bringing to the table and I’ll save that for another post. I wonder if somebody will figure it out if you do please write to me here, would love to hear your point of view on the Russians coming to Iraq.