PUBLIC JOINT-STOCK COMPANY "LUKOIL" will increase oil production in Iraq. Contract 2 - is prolonged for the Western Kurna

Field capacities Western Kurna-2 will increase twice. Baghdad, 2 Nov - Neftegaz.RU news agency. Representatives PUBLIC JOINT-STOCK COMPANY "LUKOIL" and the oil companies Basra (Basrah Oil Company signed the additional agreement to contract on development and oil production on a field Western Kurna-2. The press service reports PUBLIC JOINT-STOCK COMPANY "LUKOIL". The document provides: improvement of conditions and extension service contracts for 10 years, till 2045; investments for further developments the project; stage-by-stage increase in power of a field twice with achievement of the shelf of production of 800 thousand barrels/days that will lead to increase of the economic...