VOL. XL

No. 19

12-May-1997

IRAQ

Iraq Ratifies Oil Agreement With Russia AndHolds Gas Talks With Turkey

Iraq's Revolutionary Command Council (RCC) ratified on 6 May theproduction-sharing agreement signed on 21 March between Iraq's Ministry of Oil and a consortium of Russianfirms led by Lukoil, according to the official Iraqi News Agency (INA). The Iraqi National Assembly(parliament) unanimously ratified the accord last month. The West Qurna field has aproduction capacity of 600,000 b/d (MEES 5...