Lukoil have revealed they have made a discovery of new oil reserves in Muthanna province, Southern Iraq.
The reserves have been discovered in the provinces Area 10, with the announcement made at a meeting between Lukoil president, Vagit Alekperov and Iraqi Prime Minister, Adel Abdul-Mahdi in Baghdad on Thursday.
During the meeting, Alekperov also highlighted Lukoil's commitment to training of Iraqi staff and the development of their oil assets in the country.
Source: Dinar Daily