Russia's Lukoil has received a request to cut production in Iraq
4/15/2015
Twilight News / Lukoil Russian received a request to reduce production in Iraq, much of the country's exports after disruptions caused by bad weather and problems related to quality. Ravel said Madjanov responsible for exploration and production activities in Lukoil, told reporters, "We have received the letter of the limits of our enthusiasm," according to Reuters reported and seen by "Twilight News". With regard to the production of Lukoil West Qurna field in Iraq -2 huge oil Madjanov said "we restrict the production of 250 thousand barrels per day because of the weather and the level of sulfur." He pointed out that the production of Lukoil in the West Qurna-2 is currently ranges between 380 thousand and 390 thousand barrels per day. Lukoil operates to extend the oil pipeline Card 1.6 million barrels a day to the port of Faw in southern Iraq. And compensate the Iraqi government Lukoil and other oil production for the costs incurred in quantities of raw companies. And suggested that oil companies cut spending on development activities in Iraq after Baghdad told her that they are having difficulty in repaying their dues because of lower oil prices and the fight against the organization of the Islamic state. Last month, the oil companies had received a letter asking them not to these cuts lead to reduce current levels of production
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4/15/2015
Twilight News / Lukoil Russian received a request to reduce production in Iraq, much of the country's exports after disruptions caused by bad weather and problems related to quality. Ravel said Madjanov responsible for exploration and production activities in Lukoil, told reporters, "We have received the letter of the limits of our enthusiasm," according to Reuters reported and seen by "Twilight News". With regard to the production of Lukoil West Qurna field in Iraq -2 huge oil Madjanov said "we restrict the production of 250 thousand barrels per day because of the weather and the level of sulfur." He pointed out that the production of Lukoil in the West Qurna-2 is currently ranges between 380 thousand and 390 thousand barrels per day. Lukoil operates to extend the oil pipeline Card 1.6 million barrels a day to the port of Faw in southern Iraq. And compensate the Iraqi government Lukoil and other oil production for the costs incurred in quantities of raw companies. And suggested that oil companies cut spending on development activities in Iraq after Baghdad told her that they are having difficulty in repaying their dues because of lower oil prices and the fight against the organization of the Islamic state. Last month, the oil companies had received a letter asking them not to these cuts lead to reduce current levels of production
[You must be registered and logged in to see this link.]