Lukoil paid over $60m to Iraqi Govt in 2020

By John Lee.

Russian oil company Lukoil has published details of its payments made during the financial year ended 31 December 2020 in favor of the government of Iraq:

• The Dhi Qar Oil Company (DQOC) [Thiqar Oil Company] received 1,963 million Russian Rubles [$26.9 million] in respect of the Block 10 field;
• The General Commission of Tax received 2,511 million Russian Rubles [$34.4 million] in respect of the West Qurna-2 field (pictured).

(Source: Lukoil)