12 March 2013, 17:43

Iraq confirms Lukoil, Zarubezhneft as bidders for Nasiriya oil field

Iraq confirms Lukoil, Zarubezhneft as bidders for Nasiriya oil field

The Iraqi government has confirmed two Russian oil majors, Lukoil and Zarubezhneft, among the official bidders for the development of the Nasiriya oil field and the construction of a new oil refinery with the daily output capacity of 300,000 barrels.

Of the total of 14 bidders, only seven companies matched the upcoming tender’s criteria. Nasiriya is believed to hold 4 billion barrels of oil. In 2009, Lukoil and Norway’s Statoil won a tender to develop West Qurna-2, Iraq’s largest oilfield estimated at more than 12 billion barrels.

Voice of Russia, RIA

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