Iraq seeks to shift impact of OPEC cuts onto oil companies
Oil Ministry effort to scale down payment obligations could cause conflict with IOCs and discourage new energy investment.
Ihsan Ismaael (second from right), then-acting director general of the Basra Oil Company, tours the Siba gas field with Bassim Abdulkarim, then the Basra Oil Company's deputy director general for production, on Jan. 17, 2019. (JASSIM AL-JABIRI/Iraq Oil Report)
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