A new Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels per day was signed by LUKOIL and the Basra Oil Company. The experience acquired by the Company in the region, t​he existing infrastructure and cost compensation within the project development from the current production will ensure maximum efficiency of the project implementation.​

LUKOIL has completed a field 3D seismic survey at West Qurna-2 field in Iraq. The Company has fulfilled all of its contractual obligations to the Ministry of Oil of Iraq.

LUKOIL President Vagit Alekperov took part in a meeting between the Iraqi Prime Minister, Haider al-Abadi, and Mikhail Bogdanov, the Russian President's Special Representative for the Middle East and Africa, Russia’s Deputy Minister of Foreign Affairs. The latter conveyed the RF President’s invitation to the Iraqi leader to pay an official visit to Moscow.