Sonangol splits, tired of Iraq terrorism
Angolan state firm took a run at southern Ninewa fields, but the area produced more terrorism than oil.![](https://cdn.iraqoilreport.com/wp-content/uploads/photo-1-e1393455369399.jpg)
Well No. 74 burns in the Qayarah oil field following an April 5, 2013, attack on the field. (STAFF/Iraq Oil Report)
DUBAI - Sonangol is leaving Iraq, following four years working two heavy oil fields in a lawless swath of Ninewa province that was consistently plagued by armed groups.
"Sonangol is stepping out from Iraq," a senior official close to the development projects at the Qaiyarah and Najmah fields said Wednesday. Sonangol "didn't have intention to quit, but… the situation got worse.… [The project] requires massive investment and there are big risks there."
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