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* W.Qurna II oilfield to hit 120,000 bpd in 2012
* Political situation not causing delays to development work
KUWAIT, April 27 Production at Iraq's West Qurna
phase two oilfield will hit 120,000 barrels per day (bpd) in
2012, a senior executive from Norway's Statoil (STL.OL) said on
Statoil along with its consortium partner Russian energy
company Lukoil (LKOH.MM) have already started issuing tenders
for work at the field, said Kjetil Tonstad, vice-president for
International Exploration and Production, Middle East.
Development work at Iraq oilfields were moving ahead swiftly
and the political situation has had no impact, he said.
"Execution is going full speed ahead despite the political
situation, there is no delay caused by the political situation
so far," he said.
Lukoil and Statoil sealed the 20-year deal to develop the
West Qurna Phase Two, a 12.9 billion barrel oilfield in the
south, in an auction in December.
(Reporting by Simon Webb; Editing by Amanda Cooper)