gilson

Russia's largest private oil company Lukoil is returning to Iraq. It was announced this week that oil company's president Vagit Alekperov visited the Middle Eastern country and reached an agreement with its leadership to establish a working group that will work out conditions for implementation of the West Qurna-2 project. In addition to this, Lukoil's subsidiary Lukoil Overseas will take part in tenders for development of new fields in Iraq after the country's government approves the new Law on Oil.