Lukoil Eyeing Iranian Projects

Lukoil's subsidiary in charge of international projects, The Lukoil Overseas company, may take part in a tender for developing oil and gas in Iran, the company?s President Andrei Kuzyayev announced.

In particular, the company wants to participate in a tender for developing the North Adygan deposit, Kuzyayev said.

Bids are to be submitted in June. The date of the tender has not yet been announced.

Besides Iranian projects, the company is considering participation in oil and gas projects in Libya, Kuzyayev said.