Since 2018-05-11 at 18:52 (Baghdad time)
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Basra oil company signed with the Russian oil company "Lukoil" on Friday, a plan to invest in the field (West Qurna 2), one of the largest oil fields in the world, until 2025.
The company "Lukoil" in a statement by the agency Russia today, and seen by (Mawazin News), "was signed with Iraq on a plan to invest in the (West Qurna 2) until 2025," noting that "the two sides set the ceiling of oil production of this Field with 800,000 barrels per day. "
The statement added that "the plan agreed by the two sides aimed at achieving production of the oil field mentioned to 480 thousand barrels per day by 2020, and to 800 thousand barrels per day by 2025."
The field of "West Qurna 2" in southern Iraq in the province of Basra, one of the largest oil fields in the world, with a proven reserves of about 14 billion barrels.[/ltr]
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