project of relaunch of cooking oil in iraq

   
project of relaunch of cooking oil in iraq
                                               
                                               
                                               
                                               
  • project of relaunch of cooking oil in iraq
Will Lukoil double production at Iraq's West qurna-2 oilfield?

Lukoil signs 10-year agreement to double production at Iraq's West Qurna-2 oilfield, solidifying its position as a major player in Iraq's oil industry. Lukoil plans to double Iraq's West Qurna-2 oilfield production. Exploration & Production, Gas, International News, Iraq, Lukoil, NEWS, oil, OPEC, Russia.

Does Lukoil have a deal with Iraq?

Russian oil giant Lukoil has announced a significant agreement with Iraq aimed at enhancing conditions in the West Qurna-2 oilfield and extending a service contract for a decade. The deal, disclosed last Thursday, promises to gradually double the oilfield¡¯s production capacity and solidify Lukoil¡¯s position as a major player in Iraq¡¯s oil industry.

Will a new oil project boost Iraq's oil and gas reserves?

Separately, the country¡¯s Oil Minister Mr Abdel Ghani said the offered projects will boost the country¡¯s oil and gas reserves. Iraq will soon announce an increase in its proven oil reserves to more than 160 billion barrels from 145.02 billion barrels now, he added.

How much oil does Iraq produce a day?

It also takes a detailed look at the country¡¯s oil and gas sector, projecting that Iraq¡¯s oil production will grow by 1.3 million barrels a day by 2030, becoming the world¡¯s fourth-largest oil producer behind the United States, Saudi Arabia and Russia.