Kristy
02-14-2008, 10:26 PM
Iraq is ready to study the possibility of reviving old deals, including in the oil sector, which were signed between Russian firms and the government of Saddam Hussain, a top official said, reported Reuters. Iraqi Foreign Minister Hoshiyar Zebari and Russia's Finance Minister Alexei Kudrin agreed to write off most of Iraq's $12.9bn debt and signed a separate deal opening up Iraq for $4bn in investment from Russian firms, including oil major Lukoil. Lukoil hopes to revive its $3.7bn deal to develop West Qurna, one of Iraqi largest fields.
More... (http://www.ameinfo.com/146761.html)
More... (http://www.ameinfo.com/146761.html)