Lukoil starts loading the next shipment of Iraqi oil

The loading of two tankers with capacity of 2 million barrels each, chartered by Litasco (international marketing and trading subsidiary of Lukoil) for transportation of cost oil on the West Qurna-2 project, has been started in the port of Basra in southern Iraq.

Lukoil receives the cost oil under the terms of a service contract on account of the company's expenses within the implementation of the first phase ("early oil") of the West Qurna-2 field development in Iraq