Tendar on Nostr: Russia’s losing streak is not coming to an end and received another episode, this ...
Russia’s losing streak is not coming to an end and received another episode, this time in Iraq.
The Iraqi government nationalized the stake of Russia’s Lukoil in regards to the West Qurna-2 oil field, which accounts of around 75%. This oil field produces 460,000 barrels of oil, daily. Instead Iraq‘s oil industry invited US energy giants ExxonMobil and Chevron to bid on the stake.
Iraq wants to avoid being targeted by US sanctions, throwing its former Russian business partner under the bus.
Published at
2026-01-08 17:11:10 UTCEvent JSON
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"content": "Russia’s losing streak is not coming to an end and received another episode, this time in Iraq.\n\nThe Iraqi government nationalized the stake of Russia’s Lukoil in regards to the West Qurna-2 oil field, which accounts of around 75%. This oil field produces 460,000 barrels of oil, daily. Instead Iraq‘s oil industry invited US energy giants ExxonMobil and Chevron to bid on the stake. \n\nIraq wants to avoid being targeted by US sanctions, throwing its former Russian business partner under the bus.\nhttps://assets.newsie.social/media_attachments/files/115/860/587/247/831/802/original/ef05d852d7f27e5e.png\n",
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