VOL. XL 

No. 13

31-March-1997

IRAQ

Award Of Iraq's West Qurna Oilfield Development Contract To Russian Group Could Create Precedent For Similar Deals With Other Foreign Firms

Iraq has awarded a production-sharing contract for the development of the second phase of the giant West Qurna oil field to a consortium of Russian firms, in accordance with an agreement in principle signed in Baghdad on 21 March by the Iraqi Oil Minister, Dr. 'Amir Rashid, and the Russian Fuels and...