Russian Oilmen Unafraid of Iraqi Hazards

... on its promises to capture the rest of Iraq and thwart the plans of Russian companies. With the menace reasonably feasible, LUKOIL Overseas has already floated the possibility of leaving Iraq . One more risk appears to lie in the absence of an Iraqi ... ... Baghdad, Erbil offers foreign contractors much better guarantees, which makes the legal risks considerably lower. Besides, in Kurdistan, international companies enjoy a much friendlier taxation climate. Of course, local hazards in Kurdistan are also substantial,...