Parameters of Lukoil’s project in Iraq haven’t changed with oil price
Edited by Rhod Mackenzie / 2015-03-11 11:43:23
Currently Lukoil is receiving compensation by the Western Kurna-2 project in Iraq. The first executive Vice-President of Lukoil, R. Maganov, said that the company simply receives more oil covering the expenditure.
The parameters of the project realized by Lukoil in Iraq haven’t changed due to the oil price fall, the company receives more oil from the Government as a compensation of its expenditure on the project, R. Maganov said.
He didn’t mention the volume of the received oil.
