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BAGHDAD (Reuters) – Iraqi Oil Minister Ihsan Abdul-Jabbar said in a video posted on the ministry’s Facebook page on Saturday that BP is considering withdrawing from Iraq and that Russia’s Lukoil has sent it an official notification that it wants to sell its stake in the West Qurna-2 field. for Chinese companies.
Abdul-Jabbar said that the investment environment in Iraq is not suitable for retaining large investors.
Oil Ministry sources said that the statements were issued during a parliamentary session on June 29, to which Abdul-Jabbar was invited.
(Narrated by Ahmed Rashid). Editing by Kevin Levy
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