Russia's richest billionaire visits Baghdad
Baghdad (IraqiNews.com) – Iraqi Prime Minister Mohammed Shia Al-Sudani held a meeting in Baghdad with Vagit Alekperov, former CEO and major shareholder of Russia's Lukoil, along with company representatives from Iraq and the Middle East.
The talks focused on Lukoil's development plans for key oil sites in Iraq, particularly the Eridu field, which spans the Dhi Qar and Muthanna Governorates, and the West Qurna field located in Basra Governorate.
Prime Minister Al-Sudani stressed the urgency of accelerating these projects to ensure a steady supply of natural gas and crude oil for the country's power plants, underscoring Iraq's energy and infrastructure priorities.
The Russian ambassador to Iraq also attended the discussions.
Alekperov, Russia's wealthiest businessmen, served as president of Lukoil from 1993 to 2022 and still holds roughly 30% of the company's shares. His involvement in the meeting signals continued interest in strengthening Iraqi-Russian energy cooperation.
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