Bid & Tender
Russia’s Lukoil in Talks on Iraq Petrochemical Project

Date : Jun 23, 2016

Russia’s Lukoil is in talks with Shell and Total regarding their participation in a petrochemical complex in southern Iraq.

 

According to the report, President Vagit Alekperov said, “To create a petrochemical complex – now the negotiations are under way with Shell and with Total. The Iraqi side supports our efforts.”

 

He added that Iraq is ready to start negotiations to improved contract terms.