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Gazprom Set to Double its Badra Oil Production Next Year

The sources said that Badra oilfield produced 2.6 million tons of oil in 2016, with more wells to be dug to double the production.

Moscow/ Iraq TradeLink: Russian Gasprom Oil Company announced its intention to double its production in Iraqi Badra oilfield by the next year.

The sources said that Badra oilfield produced 2.6 million tons of oil in 2016, with more wells to be dug to double the production.

Gasprom is working in Iraq since 2010.

Last year the company signed an agreement with the Kurdish region to divide production.


In all contracts, the Kurdish shares reached to 20%, the sources added.

Source: Iraq TradeLink 

 

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