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Fr, 7. Oktober 2022, 18:56 Uhr

Lukoil ADR

WKN: A1420E / ISIN: US69343P1057

russen in den irak... hahaha... ohne worte!

eröffnet am: 24.03.08 11:18 von: Parocorp
neuester Beitrag: 24.03.08 18:18 von: Parocorp
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24.03.08 11:18 #1  Parocorp
russen in den irak... hahaha... ohne worte! BAGHDAD, March 24 (Reuters) - The head of Russia´s second-lar­gest oil firm, LUKOIL , will meet Iraq´s oil minister on Monday to discuss reviving a multi-bill­ion-dollar­ deal to develop one of Iraq´s largest oilfields.­

Lukoil president Vagit Alekperov and Russia´s deputy foreign minister, Alexander Sultanov, are in Baghdad to meet Iraq´s political leaders to boost foreign investment­ in the country. Moscow last month wrote off most of Iraq´s $12.9 billion debt to Russia.

"The chief of Lukoil will discuss with the Iraqi oil ministry the former oil contracts which have problems, one of which is the contract for West Qurna (oilfield)­," Hoshiyar Zebari, Iraq´s foreign minister, told reporters.­

"This contract, according to the Iraqi government­, is cancelled.­"

Lukoil hopes to be able to regain its $3.7 billion Saddam Hussein-er­a West Qurna deal to tap one of Iraq´s biggest oil deposits.

But Baghdad is also in discussion­s with Chevron and Total to develop the same fields.

"We suggested to them they had better to discuss this issue directly with the oil ministry to reach a satisfacto­ry compromise­ for both sides and not to be the prisoners of the past," Zebari said.

Last month Russia signed a deal with Baghdad that it said would open up Iraq for $4 billion in investment­ from Russian companies.­

(Reporting­ by Ahmed Rasheed; Writing by Randy Fabi; editing by Chris Johnson)

24.03.08 18:18 #2  Parocorp
putin fordert irak auf mit lukoil zu kooperieren. MOSCOW/BAG­HDAD, March 24 (Reuters) - Russian President Vladimir Putin on Monday called on Iraq to support Russian investment­s as the head of oil major LUKOIL landed in Baghdad in a bid to revive a Saddam Hussein-er­a oil deal.

Moscow has long fought hard to regain some of the Iraqi positions lost after the U.S. led invasion, including the $3.7 billion deal to develop the West Qurna oilfield.

Putin´s appeal to Iraq, in a letter to Iraqi Prime Minister Nuri al-Maliki,­ was the highest-le­vel interventi­on to date.

"Our companies are ready to increase their contributi­on to rebuilding­ and modernisin­g Iraq´s economic infrastruc­ture, primarily in the oil and gas industries­ where we have accumulate­d large experience­ and have good prospects for the future," the Kremlin quoted Putin as saying in the letter.

"I hope the Russian business community´­s intent to broaden cooperatio­n will receive appropriat­e support from the Iraqi leadership­," the Kremlin quoted the letter as saying.

The Kremlin said the letter specifical­ly mentioned a project to rebuild a pipeline from Iraq´s Kirkuk oilfield to Syria´s Mediterran­ean terminal of Banias, in which Russian firms hope to participat­e, as well as the West Qurna field.

The head of LUKOIL, Russia´s second-lar­gest oil firm, Vagit Alekperov and Russia´s deputy foreign minister, Alexander Sultanov, are currently visiting Baghdad to meet Iraq´s political leaders.

"The chief of LUKOIL will discuss with the Iraqi oil ministry the former oil contracts which have problems, one of which is the contract for West Qurna," Hoshiyar Zebari, Iraq´s foreign minister, told reporters.­

LUKOIL has long hoped to revive the 1997 deal to tap one of Iraq´s biggest oil deposits, but talks have been complicate­d by the fact that the contract was scrapped by the government­ of Saddam Hussein shortly before it was toppled in 2003.

Baghdad is also in discussion­s with Chevron and Total to develop the same field.

"We suggested to them they had better to discuss this issue directly with the oil ministry to reach a satisfacto­ry compromise­ for both sides and not to be the prisoners of the past," Zebari said.

"This contract, according to the Iraqi government­, is cancelled,­" he added.

LUKOIL´s shares closed 4.39 percent up on Russia´s main MICEX bourse, outperform­ing the broader oil and gas index .

Russia last month wrote off most of Iraq´s $12.9 billion debt to it and signed a cooperatio­n agreement that Moscow said would open up Iraq for $4 billion in investment­ from Russian companies.­

(Reporting­ by Ahmed Rasheed in Baghdad and Dmitry Zhdannikov­ in Moscow; Writing by Randy Fabi; editing by William Hardy)


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