Lukoil to Explore in Iraq?

Lukoil is interested in seeking exploration licenses in Iraq, according to a report from Bloomberg.

The company’s Chief Executive Officer, Vagit Alekperov, met Iraq’s Oil Minister, Abdul Kareem al-Luaibi [Elaibi], in Moscow on Wednesday.

Alekperov and al-Luaibi also discussed the West Qurna-2 project, and development of infrastructure to ship oil from the field.

(Source: Bloomberg)

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