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Lukoil looks to increase Yalama. (Caspian/central Asia).

FSU Energy

| December 13, 2002 | COPYRIGHT 2003 Argus Media Inc. (Hide copyright information)Copyright

Lukoil looks to increase Yalama Lukoil has asked Azeri state-owned company Socar--its partner in the offshore Yalama oil field project--to increase the size of the area to be developed. Lukoil has a 60pc share of the venture alongside Socar under a PSA signed in 1997. Sources close to the project say Lukoil has its eye on an area in Azeri waters to the east of the current contract area. The …

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