SULAIMANI (ESTA) — Iraq’s Oil Minister has said that work is underway at four exploration sites in the country’s western desert, the Iraqi state news agency said on Saturday.
The Iraqi Oil Exploration Company is handling the exploration work, Ihsan Abdul Jabbar said, according to Reuters.
He added that his ministry is also cooperating with American companies at other exploration sites in the Nasiriyah Region.
For Iraq, OPEC’s second-largest producer, oil revenue represents at least 95% of its income. It has been hit by the collapse in demand and oil prices last year, caused by the COVID-19 pandemic.
