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LUKoil negotiates on new oil&gas projects in Azerbaijan first vice-president

Oil&Gas Materials 7 June 2006 18:26 (UTC +04:00)

LUKoil is interested in a number of oil projects in Azerbaijan, Trend reports quoting Ravil Maganov, first vice-president of the company.

Maganov said the companys sphere of interests includes such projects as Umid Babek, Goshadash and flats of Guneshli field.

Maganov said also LUKoil is currently talking to SOCAR on prolongation of exploratory operations at Yalama (D-222) field, which proved to be some complicated. В"We need time to perform additional studies, drill a well or two at Hazri for better understanding of the structureВ", - he said.

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