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"Lukoil" are looking forward to rising oil production in Iraq this year
History of edits:: 2017/5/24
{Baghdad} Euphrates News announced CEO {Lukoil} Russian oil operating in Iraq, watching his company to increase its oil output this year.
The chief executive, said that "Iraq did not restrict the production of Lukoil in the country so far."
He added that "Lukoil production in Iraq will rise to 240 thousand barrels per day this year."
It is said that, OPEC and independent producers approached on Wednesday to reach an agreement to extend production cuts for a period of nine months to get rid of surplus global inventories and support crude oil prices.
Iraq and Saudi Arabia had agreed Tuesday on the need to extend a cut in oil production agreement for nine additional months. Following the meeting , Oil Minister Jabbar Allaibi Saudi counterpart in Bgdad.anthy
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History of edits:: 2017/5/24
{Baghdad} Euphrates News announced CEO {Lukoil} Russian oil operating in Iraq, watching his company to increase its oil output this year.
The chief executive, said that "Iraq did not restrict the production of Lukoil in the country so far."
He added that "Lukoil production in Iraq will rise to 240 thousand barrels per day this year."
It is said that, OPEC and independent producers approached on Wednesday to reach an agreement to extend production cuts for a period of nine months to get rid of surplus global inventories and support crude oil prices.
Iraq and Saudi Arabia had agreed Tuesday on the need to extend a cut in oil production agreement for nine additional months. Following the meeting , Oil Minister Jabbar Allaibi Saudi counterpart in Bgdad.anthy
[You must be registered and logged in to see this link.]
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