Oil is discussing with Lukoil to develop the southern oil fields
Baghdad / term
The oil minister said Jabar Luaibi in astatement issued on the sidelines of a meeting with a delegation from the Lukoil oil Russian company headed by CEO Katie Jubouri, received " term, " a copy of it, that" the ministry attaches great importance to the work carried out by international companies working on thedevelopment of large oil fields, particularly Lukoil in the field ( the West Qurna / phase II). "
He stressed Allaibi to" increase the volume of cooperation with these companies and including serve thecommon interests. "
for his part, praised Katie" carefully ministry to cooperate with international companies and to provide appropriate working conditions that will help to implement the plans developed by the joint departments of oil fields. "
There were the Iraqi oil Ministry in 2010 , a contract is final and finally with a consortium of Russian and Norwegian companies to develop the West Qurna field , the second stage in the province of Basra , thesecond licensing round.
predicted Lukoil, on Thursday (June 23, 2016) to up production from the West Qurna field by 27 million tonnes a year of oil.
the West Qurna field , and one of the largest oil fields in Iraq has been extracting oil from it the first time in 1973, experts estimate, according to contain oil reserves of 14 billion barrels.
[You must be registered and logged in to see this link.]