An Egyptian delegation to visit Iraq next month to agree on oil imports

2017/1/31 11:23

[Where-up]


Egyptian oil Minister Tarek Al Mulla said Tuesday that an oil delegation from his country would visit Iraq in next month to agree on a final draft of the agreement on the importation of crude oil.

Egypt seeks to import between one million and two million barrels of Iraqi oil each month.

Mullah said in a phone call with Reuters delegation will visit Iraq next month to agree on the supply of crude oil and Egypt agree on a final draft of the contract, the agreement is expected to be completed during the current quarter. "

Saudi Aramco stopped the biggest oil company in the world supplying Egypt petroleum substances since last October despite an agreement worth $23 billion Saudi company supplying required 700 tons per month to Egypt for five years.

Cairo and Baghdad signed an oil agreement in 2016, and discussed its again while visiting Egyptian oil Minister, Tariq, to Baghdad late October of the same year.

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