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19.01 2012 23:28:24

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Russian oil industry: battlefield in Iraq

by Vitaly Mihalchuk

It was reported on January 15 that the April tender for 12 licensed blocks in Iraq would be attended by almost all Russian oil majors, namely, Lukoil, TNK-BP, Rosneft, Bashneft and Gazprom Neft, and additionally, international oil giants, including ExxonMobil, PetroVietnam and Premier Oil. Let’s take a closer look at each bidder’s chance of winning.

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