Arabic

Sign up for Iraq Directory

New to Iraq Directory?
Sign up here.

Acquire your prominent and highly accessible bi-lingual (English and Arabic) online presence by registering with us & listing your company in IraqDirecotry.com
Register

Lukoil may wade deeper in Iraq


01 Dec 2012
Lukoil, Russia’s second largest public oil company could make a firm decision to extend in the Iraqi oil sector through participation in the West Qurna field, an executive expressed. Baghdad has considered bringing Lukoil and Gazprom Neft, Gazprom’s oil division, into the West Qurna project in the southern part of Iraq, in favor of Exxon. It was recently reported by one of the media sources in October that Baghdad was frustrated with Exxon’s work in Kurdish north and could send a signal with the substitution. Lukoil Chief Executive Officer Vagit Alexperov said from Moscow the company, which already has a stake in the two-phase project, expects to make extension decision by the end of this year. Vagit also said that they are seriously looking at the major issue now, synergy. What economic synergies the company will get if these two projects work together, he added. Norwegian energy company Statoil transferred its 18.75 percent stake in West Qurna-2 to Lukoil previously this year, while Exxon has a 60 percent stake in West Qurna-1. In this year April Baghdad proclaimed a Kurdish contract with U.S. super major Exxon frozen because of legal issues surrounding oil deals in the country. The central government says unilateral deals with the semiautonomous Kurdish regime to be illegal. Source: [UPI]
ممثل الأمين العام للأمم المتحدة يقول في مؤتمر صحفي في بغداد ناخبة عراقية مسنة ترفع اصبعها المضمخ بالحبر البنفسجي بعد ادلائها بصوتها في مركز انتخابي في بغدادفي الصورة مجموعة من الناخبين العراقيين في محافظة النجف يرفعون أصابعهم المضمخة بالحبر البنفسجي بعد ادالسيدة هيرو خان إبراهيم زوجة الرئيس العراقي جلال طالباني تدلي بصوتها في مسقط رأسها في كركوك علما أن جهاز الكترونيبيان تعليمات التصويتسيدة عراقية تتوجه الى المركز الانتخابينساء يرتدين النقاب يدلين بأصواتهن في مركز انتخابي في منطقة الكرادة وسط مدينة بغداد
Child Aid International