In Q1 of 2015, Iraq compensated $612 million to Lukoil for development of West Qurna-2

In the first quarter of 2015, Iraq compensated $612 million to Lukoil for cost of the West Qurna-2 project, the financial statements of the Russian company dated June 10, 2015 says. 

In the first quarter of 2015, Lukoil reported the revenue related to the project West Qurna-2 in the amount of $642 million.

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