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Russian energy delegation to visit Iraq September 7 - LUKoil CEO

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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

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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