{"id":1330327,"date":"2025-12-08T22:59:43","date_gmt":"2025-12-08T20:59:43","guid":{"rendered":"https:\/\/prm.ua\/lukoils-largest-asset-resumes-operations-after-shutdown-in-iraq\/"},"modified":"2025-12-08T22:59:43","modified_gmt":"2025-12-08T20:59:43","slug":"lukoils-largest-asset-resumes-operations-after-shutdown-in-iraq","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/lukoils-largest-asset-resumes-operations-after-shutdown-in-iraq\/","title":{"rendered":"Lukoil&#8217;s largest asset resumes operations after shutdown in Iraq"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><strong>Iraq has restarted production at the West Qurna-2 oil field, which belongs to the Russian company Lukoil.<\/strong><\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">This <a href=\"https:\/\/www.reuters.com\/business\/energy\/iraq-shuts-down-lukoil-west-qurna-2-field-due-leak-sources-say-2025-12-08\/\" rel=\"nofollow noopener\" target=\"_blank\">was reported by<\/a> Reuters, citing two Iraqi energy sector officials.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">Production was temporarily halted after a leak in the export pipeline, which reduced the field&#8217;s productivity.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">According to one of the agency&#8217;s interlocutors, the wells are already being prepared for restart, and full operation of the field is expected in the coming hours.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">Lukoil has a 75% operating interest in West Qurna-2, the Russian company&#8217;s largest foreign asset. The field produces about 460,000 barrels per day, or about 9% of Iraq&#8217;s total production. Iraq remains OPEC&#8217;s second-largest oil supplier after Saudi Arabia.<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"> <span class=\"s1\">Reuters notes that Iraq often exceeds production quotas agreed within the OPEC+ alliance, which also includes Russia.<\/span><\/p>\n<p> It was previously reported that <a href=\"https:\/\/prm.ua\/tsiny-na-naftu-trishchat-mozhlyvyy-myr-mizh-ukrainoiu-ta-rf-tysne-na-rynok\/\">world oil prices fell to their lowest levels in a month the day before.<\/a><\/p>\n<p> Recall that <a href=\"https:\/\/prm.ua\/dokhody-rosii-vid-nafty-ta-hazu-zmenshatsia-na-35-nazvani-prychyny\/\">the Russian budget&#8217;s revenues from the sale of oil and gas in November may decrease by approximately 35% compared to November last year.<\/a><\/p>\n<p> Also follow <strong>\u201cPryamim\u201d<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"noopener nofollow\">Facebook<\/a> , <a href=\"https:\/\/twitter.com\/prm_ua\" target=\"_blank\" rel=\"noopener nofollow\">Twitter<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> , and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"noopener nofollow\">Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iraq has restarted production at the West Qurna-2 oil field, which belongs to the Russian company Lukoil. This was reported by Reuters, citing two Iraqi energy sector officials. Production was temporarily halted after a leak in the export pipeline, which reduced the field&#8217;s productivity. According to one of the agency&#8217;s interlocutors, the wells are already [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":1312411,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76872,76871],"class_list":["post-1330327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-feed","category-news-2"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1330327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1330327"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1330327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1312411"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1330327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1330327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}