Russia's Lukoil Says West Qurna-2 Oil Output above 200,000BPD

Reuters

MOSCOW, June 11 (Reuters) – Russian top oil producer Lukoil is producing more than 200,000 barrels per day at its West Qurna-2 oilfield in Iraq and has fulfilled its contractual obligations, it said on Wednesday.

Lukoil launched West Qurna-2 in March.

The company also said it had successfully maintained an average daily production of at least 120,000 bpd for 90 days, "entitling it to begin recovering costs and receive remuneration".

(Reporting by Vladimir Soldatkin, editing by Elizabeth Piper)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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