By 2021, the share of the international projects in the reserves of Lukoil Overseas will increase to 13%
Edited by Rhod Mackenzie / 2013-10-29 02:08:49
Oil and Gas Russia Uzbekistan Russia Oil and Gas Uzbekistan Oil and Gas Gas Lukoil Oil Production and Refining
By 2021, the share of the international projects in the reserves of Lukoil Overseas will increase to 13% from 9.4% (1.6 billion barrels) in 2012, the Chief Vice President G. S. Al-Jeburi says. Its share in production will increased from 10.2% to 20%. Besides from the existing projects, the company continues development at the international markets. In particular, Lukoil analyzes new projects in Iraq, its largest foreign project, including in cooperation with the partners.