an urban-type settlement in the Komi ASSR. It has a railroad station 130 km northeast of the city of Ukhta. IraeP is the site of logging and timber distribution establishments and rail transport enterprises.

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Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into an agreement with Arawak Energy Russia BV (Arawak), to sell Lundin Petroleum s entire interests in the Sotchemyu-Talyu and the North Irael Fields, Komi Region, Russia.
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