Lukoil starts output from massive Iraq oilfield

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One of the biggest undeveloped oilfields in the world has begun commercial production in south Iraq, officials said on Saturday, part of ambitious plans by Baghdad to dramatically ramp up output.

The announcement was made during a ceremony attended by Oil Minister Abdelkarim al-Luaybi and Deputy Prime Minister Hussein al-Shahristani, as well as officials from Russian energy giant Lukoil, the principal firm developing the enormous West Qurna-2 field.

It comes just weeks ahead of parliamentary elections, with the country looking to fund reconstruction of its dilapidated infrastructure and economy by upping crude sales.

"Production started today," said Nasir Hashim Fakhr, the Iraqi oil ministry official charged with the development of West Qurna-2 field in the southern Basra province.

https://uk.news.yahoo.com/lukoil-starts-output-massive-iraq-oilfield-143900356.html

[House of Roberts]

1. Can we shut down the Canadian tar sands now?

We really don't need the diluted bitumen pumping through that pipeline if this much 'easy oil' is going onto the world market.

[aquart]

2. Oh, look. We fought a war to profit Russia.

Weren't we clever, Mr. Cheney.

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4. +1. The irony at the present moment is rich. nt

[KoKo]

3. Interesting its Russia via Norway Agreement..When I'd read it was China that

bought the Rights to Iraq oil here on DU from AP or Reuters...(I can't remember which).

Anyone else think the "People are being Screwed with Disinformation?"



The Plot Thickens in International Relations.. And...those of interested...run from site to site to try to get news....while it's maybe all "background" that we don't know about that rules?

Could be that there's "background" divying up" while we are all focused on Ukraine/Crimea.

Deals being done by the "Globalists" under the Radar and Phone Interceptions?

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5. No! You think they cut deals under the table?

I don't think they ever do it any other way. First they figure out what they want to do, and then they start working on how to bullshit the public into not throwing street riots when they do it. That's what democratic government means to them.

But seriously, what you see here is that we didn't ever get that oil that was going to pay for Mr. Cheney's war, for us "liberating" Iraq; and also another part of WHY Mr. Putin was not worried about what we would do about Crimea: because Mr. Putin did get the oil and everybody wants him to keep right on pumping it. It's already too expensive, oil, and Iraq is better positioned than anybody to do something about keeping cheap oil around.

[KoKo]

6. Indeed...the posturing seems to be for MSM entertainment purposes...

I would like to think this isn't so...but the smoke drifting by the mirrors is getting pretty thick these days.