Wednesday, February 6, 2013

Lukoil studies an oil project in Lebanon

Russian oil giant Lukoil seeks to develop its oil production in the Middle East through a project in Lebanon, said its Executive Director Vagit Alekperov.

"We are interested in Lebanese resources and we are in talks," Mr Alekperov said on the sidelines of the World Economic Forum, without elaborating.

The Russian director indicated to be in negotiations with Chinese and Indian companies to develop the field of Qurna 2 in Iraq.

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