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"Lukoil" Iraq is demanding more oil compensation
3/19/2015
(Independent) .. head of the Russian oil company "Lukoil" single Alekperov said that his company would seek to increase the size of Iraq's oil compensation from "West Qurna 2" field, otherwise they could reduce their investment in the project. The Iraqi government and offset the costs incurred by "Lukoil" provide immediate quantities of oil in the context of the development of the project "West Qurna 2" He said Alekperov president of the second largest oil producer in Russia: "We hope that the Iraqi side will take all possible measures in this complex situation, in order to increase the volume of oil compensation to us, so that we can maintain the economic criteria and the rate of investment (in the project" West Qurna 2 " ). Alekperov said he plans to meet with the Iraqi side representatives to discuss this issue in the near future.
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3/19/2015
(Independent) .. head of the Russian oil company "Lukoil" single Alekperov said that his company would seek to increase the size of Iraq's oil compensation from "West Qurna 2" field, otherwise they could reduce their investment in the project. The Iraqi government and offset the costs incurred by "Lukoil" provide immediate quantities of oil in the context of the development of the project "West Qurna 2" He said Alekperov president of the second largest oil producer in Russia: "We hope that the Iraqi side will take all possible measures in this complex situation, in order to increase the volume of oil compensation to us, so that we can maintain the economic criteria and the rate of investment (in the project" West Qurna 2 " ). Alekperov said he plans to meet with the Iraqi side representatives to discuss this issue in the near future.
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