MOSCOW, Feb 27 (PRIME) -- Russian oil major Lukoil is studying production in Kuwait, Oman, Iran, and on the shelf of the United Arab Emirates (UAE), Lukoil Overseas’ Senior Vice President Gati Al-Jebouri said in an interview to Bloomberg TV broadcast on Monday.
The agreement between OPEC and non-OPEC countries on an oil production cut provides stability to the oil market, but the agreement did not cover Lukoil’s projects in Iraq, where the company produces about 400,000 barrels a day, he said.
End
|
|
