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LUKOIL says it intends to invest billion of dollars in Iraq oil field
16-12-2009 - 13:00
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LUKOIL Russian oil Company Leonid Fedun said that the company intends to invest billion of dollars in the Iraqi oil field which it won the rights to develop at the beginning of this week. Lukoil had submitted a joint bid with Norway\'s Statoi. \"As soon as the contract comes into force, we will move quickly toward its realisation. Within three to four years we will launch the first phase, and then the second\", LUKOIL source said.
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LUKOIL says it intends to invest billion of dollars in Iraq oil field
16-12-2009 - 13:00
LUKOIL Russian oil Company Leonid Fedun said that the company intends to invest billion of dollars in the Iraqi oil field which it won the rights to develop at the beginning of this week. Lukoil had submitted a joint bid with Norway\'s Statoi. \"As soon as the contract comes into force, we will move quickly toward its realisation. Within three to four years we will launch the first phase, and then the second\", LUKOIL source said.