World
Institutional
links
Welcome back on
26 -29 August,
ONS 2008
Bridging
the energy gap
is ONS 2006 theme,
from 22-25 August,
in Stavanger, Norway
Petroleumworld
Business
Partners:
Centre for
Global Energy
Studies
  |
Lukoil not to get special treatment in Iraq: minister
AFP
MOSCOW
Petroleumworld.com 08 10 07
Iraqi Oil Minister Hussein Shahristani cautioned Russia's Lukoil on Thursday that the company would get no special favours in bidding to develop the vast West Qurna 2 oil field.
"The Russian company should compete with the other groups hoping to exploit this field," he told Interfax news agency during a visit to Moscow.
"As Russia has already worked there it could find itself in a better position and make a more competitive bid but it is up to Lukoil to put forward the best terms," Shahristani said.
Lukoil won a contract to develop West Qurna 2 during the former regime of Saddam Hussein but was stripped of the licence in a dispute with Saddam's authorities.
Iraq's new oil law allows the revision of all Saddam-era contracts, Shahristani noted.
AFP 09 1130 GMT 08 07
Copyright© 2007 AFP. All rights reserved.
Your
feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com
Any
question or suggestions, please write to:
editor@petroleumworld.com
Best
Viewed with IE
5.01+
Windows
NT 4.0, '95, '98 and ME +/ 800x600 pixels