Iraq To Start Drilling In Highly Contested Persian Gulf

By Zainab Calcuttawala Iraq will be using offshore oil and gas production ventures to boost the war-torn country’s energy reserves, Oil Minister Jabar al-Luaibi’s comments told the press last week, setting off concerns regarding the geopolitical future of the Persian Gulf and its contested fossil fuel wealth. The Organization of Petroleum Exporting Countries’ second-largest producer is nowhere near production in any offshore oil prospect so far. Luaibi only said he had given “guidance to the Oil Exploration Company about the importance of exploring…

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