LUKOIL ships first batch of oil to recover costs from West Qurna-2 project in Iraq

The shipment volume amounts to 1 million barrels of oil. The vessel is headed for the port of Augusta, Sicily. After being unloaded, the oil will be transported to LUKOIL’s ISAB refinery in Priolo for processing.

Production at the West Qurna-2 field currently exceeds 280 thousand barrels per day. The project’s development is on schedule with LUKOIL successfully fulfilling all of its contractual obligations.