MOSCOW, November 23 (RIA Novosti) - Russian oil major LUKoil's contracts in Iraq could be resumed after the Iraqi government is formed, the company's press service said Wednesday.
LUKoil has done enormous work to prepare the West Kurna-2 project in southern Iraq and may participate in all future Iraqi energy projects, Iraqi Oil Minister Hoshyar Mahmud Zebari said meeting with LUKoil President Vagit Alekperov earlier.
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One of the main achievements of the 6th BRICS Summit was the signing of an official document on establishing a New Development Bank with a declared capital of $100 billion. The creation of the bank is an important step towards institutionalizing BRICS and strengthening its positions in the world in the long run.