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Aswat Al Iraq /  Economy ,  Baghdad
Russian Lukoil studies Exxon proposal for Qurna oil filed
11/10/2012 2:13 PM

BAGHDAD/ Aswat al-Iraq: Russian Interfax news agency reported that the second oil company is studying an offer to buy the shares of Exxon Mobil in West Quran oilfield.
 
Exxon Mobil is planning to withdraw from the contract, which will cost $50 billion.
 
The Russian company, which is working in Quran-2 oil field said that its project is greater than its capacity, but will study Exxon Mobil proposal.
 
Iraqi sources expected that Exxon Mobil will complete selling its share by the end of December next.
 
The Iraqi side will accept the transformation after checking the financial and technical abilities of the buyer in advance.
 


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