A ship is docked at Al Basra oil terminal in the Middle East Gulf, November 27, 2013. REUTERS/Essam Al-Sudani/Files
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BAGHDAD, June 19 (Reuters) - Iraq's Basra Oil Company will acquire the biggest share in Exxon Mobil's (XOM.N) stake in the southern West Qurna 1 oilfield after approving the 2022 budget, oil minister Ihsan Abdul Jabbar told reporters on Sunday.
Iraq's oil ministry formally asked to purchase U.S. energy giant Exxon's shares in the oilfield in May 2021, which is one of the world's largest with recoverable reserves estimated at more than 20 billion barrels. read more .
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Reporting by Moayed Kenany; Writing by Lina Najem; Editing by Louise Heavens
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