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Russia's Lukoil request from Iraq more oil compensation otherwise they may cut investments
Thu, March 19 / March 2015 11:56
[Follow-up - where]
Waheed Alekperov president of Lukoil Russia's second-largest oil producer in Russia said on Thursday that the company will ask for more from Iraq's oil compensation otherwise they may reduce their investments there.
The Iraqi government and offset the costs incurred by Lukoil provide immediate quantities of oil in the context of the development of the West Qurna -2 project.
Alekperov also said he expects the company not less than distributions for 2014 from the level in 2013.
The Minister of Finance Hocheaz Zebari said Wednesday that Iraq is considering the issuance of international bonds denominated in dollars for five years worth five billion dollars to help it plug in going forward and will soon begin to pay some dues foreign oil companies, adding that "for government bonds will start talks with Citibank Deutsche tomorrow Bank "in reference to the two banks, which Fodthma Baghdad to advise on the deal," and added that "Iraq is now has the necessary funds to pay dues to the international oil companies, noting I think we're going to start pay dues to the international oil companies in the first of April."
Zebari said "we have allocated $ 12 billion in going forward for the oil ministry, but they want more pay dues to the international oil companies in order to stimulate production," .anthy
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Thu, March 19 / March 2015 11:56
[Follow-up - where]
Waheed Alekperov president of Lukoil Russia's second-largest oil producer in Russia said on Thursday that the company will ask for more from Iraq's oil compensation otherwise they may reduce their investments there.
The Iraqi government and offset the costs incurred by Lukoil provide immediate quantities of oil in the context of the development of the West Qurna -2 project.
Alekperov also said he expects the company not less than distributions for 2014 from the level in 2013.
The Minister of Finance Hocheaz Zebari said Wednesday that Iraq is considering the issuance of international bonds denominated in dollars for five years worth five billion dollars to help it plug in going forward and will soon begin to pay some dues foreign oil companies, adding that "for government bonds will start talks with Citibank Deutsche tomorrow Bank "in reference to the two banks, which Fodthma Baghdad to advise on the deal," and added that "Iraq is now has the necessary funds to pay dues to the international oil companies, noting I think we're going to start pay dues to the international oil companies in the first of April."
Zebari said "we have allocated $ 12 billion in going forward for the oil ministry, but they want more pay dues to the international oil companies in order to stimulate production," .anthy
[You must be registered and logged in to see this link.]
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