For the first time in 37 years Iraq is inviting foreign companies to develop its oil assets. Among them is the West Qurna field, where Russia’s Lukoil is bidding.
West Qurna 1 is one of the biggest oil fields in Iraq. The tender proposes the developer should produce 1 million barrels of oil from West Qurna 1 daily. And will get $1.90 for every barrel it produces on top of that.
That didn’t appeal to the oil companies. Five of them pulled out from the tender, saying that amount was too low. Russia’s Lukoil wants $4 per each additional barrel produced, but has not lost hope yet. (Link)
THE COMMENT FINE PRINT - IN DEFENSE AGAINST MENTAL MIDGETS:Why do you not respond to my comment? Why is my comment gone? Why are you mean? Why do I hate you for erasing my comment? Why do you hate me for my comment? Why is cussing not allowed (Sometimes you do it - sorta!), when it helps me express my feelings? Why are you a #$&%@#? Why is it wrong to wish you dead? Why do you love Russia? Why are you stupid? Why are you unpatriotic? Why is, why is, why is and why is? My GOD man, Why are you worse than a communist?
The above manifestations of a horde of mental midgets is why I only respond to comments that have signed up to be a user of the blog! (Top right of website is link!) Anyone can comment and anyone can be erased after they comment, but only someone who takes the time to sign up gets a second look from me at the comment. Sorry: I have to draw the line somewhere and when you get thousands of spam, hate and death threat comments a day, then all you do is look at spam, hate and death threats, then I never get anything else done. If you comment after signing in, then I will get a message that someone has tried to post a real comment?
Thanks for understanding and even if you don't understand, thanks anyway...
Another day in the life of Windows to Russia...