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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    A Russian company investing in Iraq is at the top of revenue

    Rocky
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    • Post n°1

    A Russian company investing in Iraq is at the top of revenue Empty A Russian company investing in Iraq is at the top of revenue

    Post by Rocky Fri Sep 28, 2018 1:53 pm

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    A Russian company investing in Iraq is at the top of revenue

    Forbes magazine published Thursday the ranking of Russian companies in terms of revenue, and the world magazine said the energy company "Lukoil" topped the list with annual revenues amounted to 5.47 trillion rubles.
    The Forbes report included about 200 Russian companies, of which the private sector owned more than half of the shares of these companies. The companies were classified based on revenue in 2017. The list topped companies active in oil and gas, retail and mining.
    It came second after Lukoil, which runs projects in oil-rich Iraq, the Russian retail giant X5 Retail Group, which last year earned 1.29 trillion rubles.
    Followed by Surgut Oil Gas with revenues of 1.27 trillion rubles in the same year, followed by Magnet.
    Lukoil produces oil in West African countries, particularly Nigeria, Cameroon and the Gulf of Guinea. Its total investment volume is estimated at more than $ 1 billion.
    Lukoil also operates in Iraq, where it participates in the "Qurna-2" project, of which the Russian company owns 75%, while the Iraqi State Oil Company owns 25% of the project, which also includes the Iraqi Southern Oil Company.

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