Baghdad and Tehran sign a contract to export oil from the fields of Kirkuk

Saturday, 09 December 2017 17:17

Iraqi Oil Minister Jabbar al-Allaibi said on Saturday that the signing of an agreement between Iraq and Iran provides for Iraq to export oil from the fields of Kirkuk to Iran at a rate of 30-60 thousand barrels per day.

"The agreement signed by the Iraqi oil marketing company" Somo "with the Iranian side stipulates that 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 across southern Iraq.

For his part, Director General of the Iraqi Oil Marketing Company "SOMO" Alaa al-Yassiri said he signed with the representative of the Iranian Ministry of Oil Hedayat Zadeh this agreement, which will contribute to add a new export port of Iraq is an addition in the conduct of Kirkuk and to achieve economic feasibility of Iraq, providing the country's costs the transfer to the south for export purposes as well as the strengthening of economic relations with neighboring countries.