Tag Archives | Russian

Lukoil Allocates $5 Billion to West Qurna

According to a report from Bloomberg, OAO Lukoil, Russia’s largest non- state oil producer, allocated $5 billion to finance the West Qurna-2 project in Iraq. The funds were provided as a loan to its Lukoil Mid-East Ltd. unit exclusively for the Iraq project, spokesman Dmitry Dolgov said. The loan matures at the end of 2030, […]

Russian Flour Ship Reached Um Kaser Port

The Public Company for Cereals Trade said that a ship loaded with 52.5 tones of Russian flour had reached Um Kaser port. The shipment falls within the  framework of the Ministry of Trade Flour imports. The company representatives in Um Kaser will transport the load to the port silos and the flour will be distributed […]