Iraq and Iran signed an agreement to export crude oil from Kirkuk fields

The oil ministry announced on Saturday the signing of an agreement with Iran to export oil from Kirkuk fields to Iran, while the Director General of the Iraqi Oil Marketing Company (Sumo) Alaa Yasiri that the export process will begin soon.
“The signing of an agreement between Iraq and Iran provides for Iraq to export oil from the fields of Kirkuk to Iran at the rate of 30-60 thousand barrels per day can be increased through the basin until the completion of the extension of an oil pipeline for this purpose,” Oil Minister Jabbar Ali al-Allaibi said in a statement. “He said.
He added that “the agreement signed by the Iraqi Oil Marketing Company (SOMO) with the Iranian side provides for the Iraqi side to transfer the quantities mentioned through trucks to the border point between the two countries near the province of Kermanshah, while the Iranian side delivered the same quantities and the same specifications through the ports of South Iraq”.
For his part, said the Director General of the Iraqi Oil Marketing Company Alaa Yasiri, “The agreement will contribute to the addition of a new export port of Iraq is an addition to the discharge of Kirkuk oil and economic feasibility of Iraq, providing Iraq with the costs of transportation to the south for export, as well as strengthening economic relations With neighboring countries, “stressing that” the export process will begin soon. ”
On November 6, 2017, the Ministry of Oil announced talks with the Iranian side to export crude oil from the Kirkuk province to one of its refineries, noting that the process of transporting oil would be started by trucks.

https://en.economiciraq.com/2017/12/0...kirkuk-fields/