Lukoil CEO Vagit Alekeprov said that Russia is back in business in Iraq:
Russia Today: The geography of your business outside Russia is really impressive. What countries or regions are the most important for you and are you starting any new projects?More details on the partnership with Conoco-Phillips from the Rebuild Iraq website. Background to this deal in an August 2007 Kommersant article. You can read a biography of Vagit Alekperov on Wikipedia.
Vagit Alekeprov: The priority for us is Iraq, with its unique West Kurna 2 project. My latest trip to Baghdad gives me confidence that this project will be a success. We feel that the top leaders of the country are interested in creating an investment climate in Iraq so that huge amounts of money - which will be billions and billions of dollars - will be invested to develop their unique fields.