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Russian energy delegation to visit Iraq September 7 - LUKoil CEO

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22:19 06/09/2009

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USINSK (Republic of Komi), September 6 (RIA Novosti) - A Russian delegation headed by Energy Minister Sergei Shmatko and comprising representatives of Russia's largest independent producer LUKoil will head to Iraq on Monday, the LUKoil CEO said Sunday.

A Russian consortium of oil firms led by LUKoil is seeking to restore a 1997 contract for the West Qurna-2 deposit.

Analysts say Iraq could resume work at the deposit with LUKoil, after Russia recently wrote off the bulk of the country's debt of around $12 billion.

Baghdad is also discussing West Qurna with Chevron and Total.

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Russian energy delegation to visit Iraq September 7 - LUKoil CEO

22:19 06/09/2009 A Russian delegation headed by Energy Minister Sergei Shmatko and comprising representatives of Russia's largest independent producer LUKoil will head to Iraq on Monday, the LUKoil CEO said>>

Other news of the day