Friday, May 18, 2007


Iraq, Iran agree to laying oil pipeline

Oil, Iran
(Voices of Iraq) - The Iraqi government has agreed with Iran to start laying oil pipeline between the two countries to export Iraqi oil to the neighboring country, the official spokesman for Iraq's Oil Ministry said on Thursday. "The agreement came during the meeting between Iraqi oil minister Hussein al-Shahrestani and Iranian Ambassador to Iraq Hasan Kazemi Qomi at the minister’s office," Essam Jihad told the independent news agency Voices of Iraq (VOI).
"The two agreed to lay the oil pipeline from southern Iraq to Abadan region in Iran in order to export more than 200,000 barrels per day of Iraqi crude oil to Iran according to crude oil international prices," he also said. He noted that the new pipeline will provide a new way to boost the country's export capacity to Iranian refineries in Abadan. "They also agreed to arrange a mutual visit for technicians from both countries to prepare the agreement's contracts," the official added.

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