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Iraq approves sale of Inpex stake in Eridu oil field discovery

Japanese firm is set to sell its minority share in the Lukoil-operated project as the start of commercial production approaches.
Iraqi Oil Minister Hayyan Abdulghani (center right) attends a ceremony on March 6, 2023 with representatives of Lukoil and Inpex to mark the declaration of commerciality and finalization of a development plan for the Eridu oil field. (Photo credit: Lukoil)
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