Lukoil says would consider Exxon offer on West Qurna-1
- Iraq: Sunday, November 11 - 2012 at 01:06
Lukoil, Russia's second largest crude producer, has said it will study an offer from Exxon regarding Iraq's West Qurna-1 oilfield, which the US major wants to leave, Reuters has reported. The company, which is already developing West Qurna-2, said that West Qurna-1 is "too big for it to swallow." ExxonMobil has informed the Iraqi government it wants to pull out of a $50bn oil project in southern Iraq. "We received an offer from Exxon. We will likely study this possibility. But we haven't make any decision today," said Andrei Kuzyayev, head of Lukoil foreign operations.
- Qatar Airways orders Boeing 777s at Paris Air Show
- Pratt & Whitney expects 'substantial' increase...
- Boeing to launch larger Dreamliner
- Falconcity appoints Eng. Adnan Saffarini Office...
- Sammy Tuffaha underscores importance of...
- Russo's New York Pizzeria announces strategic...
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.