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Monday, 30 January 2017

Lukoil Seeks Middle East Oil Projects for Growth as Iran Opens - Bloomberg

Lukoil Seeks Middle East Oil Projects for Growth as Iran Opens - Bloomberg:

"Lukoil PJSC is seeking opportunities for growth in the Middle East as Iran opens more of its oil fields to international partners, according to the Russian energy company’s regional head. The Moscow-based company plans to add output from the region to existing operations in Iraq and Egypt as long as it finds projects with production costs as low as those in Russia, Gati Al-Jebouri, Lukoil’s head of upstream for the Middle East, told reporters in Dubai. “Iran is our target area at the moment,” Al-Jebouri said."



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