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(AFX UK Focus) 2009-10-18 08:24
LUKOIL, Conoco up output target in Iraq W.Qurna bid
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ISTANBUL, Oct 18 (Reuters) - A consortium of LUKOIL and ConocoPhillips has a submitted a higher oil production target in their bid to develop the first phase of Iraq's West Qurna oilfield, an industry source said on Sunday.
The group had previously put forward an output target of 1.5 million barrels per day (bpd), below the target of a rival consortium led by U.S. firm Exxon Mobil, which had proposed a target of 2.1 million bpd.

(Reporting by Simon Webb; Writing by Mohammed Abbas: Editing by Alex Richardson) Keywords: IRAQ/OIL BIDS (mohammed.abbas@reuters.com, +964 790191 7035; Reuters Messaging: mohammed.abbas.reuters.com@reuters.net)

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