Russia’s LukOil gets Iraq contract on world’s largest undeveloped oil field

Special to WorldTribune.com MOSCOW — Russia has signed major contracts in Iraq. Russia’s LukOil Mid-East has signed contracts for Iraq’s giant West Qurna-2 project, meant to begin production by 2014. Executives said LukOil intended to produce 500,000 barrels of oil in the initial stage over the next year. Lukoil Overseas Holding president Andrey Kuzyaev said […]