"LUKoil expects that oil production in the West Qurna-2 project in Iraq will begin in 2014, CEO Vagit Alekperov said, Interfax reported.
"Production drilling has already begun at the deposit. The first industrial oil extraction volumes are expected at the beginning of 2014," Alekperov said. Peak oil production at the site should be 60 million tons a year, he said.
LUKoil had planned to start producing oil at West Qurna-2 at the end of this year."
'via Blog this'
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