The first group of Iraqi specialists came toRussia in 2006 for secondment training at LUKOIL’s training centers and plants.
The parties discussed results and prospects of LUKOIL operations in Iraq.
In accordance with the Memorandum between LUKOIL and the Ministry of Oil of Iraq signed in March 2004 in Baghdad by Ibrahim Bahr al-Uloum, Minister of Oil of Iraq, and Vagit Alekperov, President of LUKOIL, the company supplied another consignment of humanitarian aid for territorial divisions of the Ministry.
Today this year’s first group of Iraqi experts has arrived to Volgograd and Kogalym (Khanty-Mansy Autonomous Area) for internship at LUKOIL-Nizhnevolzhskneft and LUKOIL-West Siberia.
LUKOIL completed a transaction to acquire ENI Group's 50 percent interest in LUKAgip N.V. initiated in June of 2004.
The second group of Iraqi experts (46 people) has arrived to Kogalym of Khanty-Mansiysky Autonomous Area for internship at LUKOIL West Siberia.
Moscow and London (30 June 2004) – OAO LUKOIL today announced that it has signed a binding agreement with Eni, whereby LUKOIL will buy from Eni its fifty percent interest in LUKAgip N.V. Completion is subject to certain closing conditions and is therefore expected to take place in the third quarter of 2004.
The first joint technical committee meeting between LUKOIL and the Ministry of Petroleum of Iraq regarding cooperation in Iraqi oil and gas industry was held today in Moscow.
The company LITASCO, a 100% subsidiary of LUKOIL, has signed a contract with Refinery Associates of Texas, Inc (USA) on supply of gasoline and diesel fuel to the northern provinces of Iraq.
On March 10, 2004, negotiations between Vagit Alekperov, President of OAO LUKOIL, and Ibrahim Bahr al-Ulyum, Minister of Oil of Iraq, were held in Baghdad. During the negotiations the parties discussed a wide range of questions related to the bilateral coopration. As a result of the meeting a Memorandum of understanding and cooperation was signed.