Russia is deepening its energy footprint in Iraq, with key investments spanning oil, gas, and renewables. Gazprom, amid several other Russian oil companies, is looking to increase its presence in different energy sectors in Iraq.
Meanwhile, Iraqi Prime Minister Mohammad Shia Al-Sudani navigates balancing foreign interests while maintaining strategic flexibility.
This note explores Iraq-Russia energy cooperation, including:
- Moscow’s expansion in Kurdistan region
- Russian pre-requisites for investment
- Al-Sudani’s assurances
The note also sheds light on Iraqi energy policy towards Western and Russian oil companies.