Lukoil will not Reduce Oil Output in Iraq in 2016-2017

By John Lee.

Russia’s Lukoil has said it has no plans to cut oil production in Iraq in 2016-2017.

Company President Vagit Alekperov (pictured) told reporters:

“No, not yet. So far, we have not received such recommendations from the Government of Iraq.”

(Source: Tass)

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