12 Jan 2018 18:37

Lukoil planning to drill 2 exploration wells offshore Cameroon, gas opportunities opening up

MOSCOW. Jan 12 (Interfax) - Lukoil is planning to drill 2 exploratory wells on the shelf of Cameroon, Lukoil President Vagit Alekperov told journalists.

Alekperov said that gas opportunities were opening up for the company in this project.

"We've reached an investment decision to drill two exploration wells at the Cameroonian block. New opportunities for processing gas are opening up there," he said.

Alekperov also said Lukoil was drafting proposals for the government of Ghana to advance its project there to the development phase.

Lukoil is part of the project to develop the Etinde block offshore Cameroon.