VOL. XLV

No 50

16-December-2002

IRAQ

Lukoil Protests Cancellation Of West Qurna Oilfield Contract

Lukoil spokesman Alexander Vassilenko described as petty blackmail the letter received from Iraqs Oil Ministry Undersecretary informing the Russian firm and its two partners, Zarubejenft and Machinoimport, of the cancellation of the West Qurna Development and Production contract which provided for the eventual production from the super giant field of over 600,000 b/d of crude oil. Mr Vassilenko told...