Rosneft has made a discovery at Iraq’s Block 12 while pressing ahead with gas projects in the KRG. Despite Baghdad’s ire, Rosneft is a key interlocutor between them.

Russian state giant Rosneft announced a probable commercial oil discovery this week at its Block 12 acreage in Iraq’s western desert (see map p8), hailing the Salman prospect an “important milestone” in its overseas activity.

No indications were provided on the extent of the discovery and the rate...