Soyuzneftegas, the Russian investment and financial group, is holding talks with US and UK companies about a possible joint venture for the development of the Rafidain oil field in southern Iraq
Published:
1 November 2004 y., Monday
Soyuzneftegas, the Russian investment and financial group, is holding talks with US and UK companies about a possible joint venture for the development of the Rafidain oil field in southern Iraq.
Soyuzneftegas has completed the project's feasibility study, which it plans to submit to Iraqi authorities next month -- assuming the security situation there does not prevent such a trip.
"We intend to resume the dialogue with Iraq, present the Rafidain's feasibility study and hear the reaction of the Iraqi authorities, even if it is negative," Soyuzneftegas President Yuri Shafranik said. "We also plan to offer services for other projects to restore the Iraqi oil sector," he added.
Just before the US-led war on Iraq, Soyuzneftegas initialed an agreement to develop the Rafidain field, which could produce 100,000 barrels per day. The deal was not ratified, but Iraqi officials have described this as a formality.
Šaltinis:
Neftegaz.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
more »
Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour).
more »
The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’
more »
The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower.
more »
The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday.
more »
MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU.
more »
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
more »
China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market.
more »
Declaration by Michel Barnier on the start of three new authorities for supervision.
more »
On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan.
more »