A New Oil Campaign in Iraq

... Iraq Russian energy companies in Iraq have maintained their presence in the country regardless of the political forces in power, working within the current domestic political situation. Prior to the Syrian campaign of 2015, which was assumed to mark Russia’s active return to the Middle East, the Government of Iraq had already signed large contracts with LUKOIL, Gazprom Neft and Bashneft. Rosneft made its dynamic and massive entry into Iraq following the improvement of the security in the country and on the back of Russia’s growing political capital in the Middle East. Sanctions against Iran as a Stimulus ...