Dubai Green Hotel Innovation
 
Tuesday, November 21, 2017
Directory Directory Subscribe
Login
 

Egypt inks first oil deal with Iraq

 
 

Please, enter data

Please, enter data

Egypt Independent, 19 April 2017

Egypt has agreed to import one million barrels of Iraqi oil a month, Minister of Petroleum Tareq el-Molla announced.
 
The contract for the deal will be signed within days, he added in a press conference on Tuesday at the Cabinet headquarters.
 
 
Molla expects the first shipment to reach Egypt on May 1. The ship capacity is up to two million barrels. A total of 12 shipments will reach Egypt a year, he added.
 
"This step is very good as it's the first cooperation with Iraq in the direct import of crude oil," said Molla, adding that the contract will be concluded between the Egyptian Petroleum Authority and the Iraqi Petroleum Company.
 
 Egypt sought other oil import sources after Saudi Arabia suddenly suspended its shipments to Egypt in October 2016.
 
Negotiations on exports of Iraqi oil to Egypt began during Molla's visit to Iraq last October.
 
Molla discussed with Iraqi officials refining Iraqi crude oil in Egypt and then exporting it again in the form of products to Iraq, he said during the conference.
 
They also discussed establishing development projects by Egyptian companies in Iraq.
 
Egypt Independent
19 April

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Iran’s exports to Qatar surge significantly
The Peninsula Qatar, 21 November 2017

Iran’s exports to Qatar surge significantly
Qatar-Italy joint ministerial meeting in January
The Peninsula Qatar, 21 November 2017

Qatar-Italy joint ministerial meeting in January
Ambitious Investment Scheme to Promote Hotel Construction
Financial Tribune, 21 November 2017

Ambitious Investment Scheme to Promote Hotel Construction
Italy’s Rosetti Marino to expand operations in Qatar
The Peninsula Qatar, 21 November 2017

Rosetti Marino, an integrated Italian company providing EPC services to energy industry worldwide, inaugurated its Doha office on Thursday.
Italy’s Rosetti Marino to expand operations in Qatar
Back to Home Page 1364 --- 0 <><><> 371.33333333333.....exvideo=0....eximage=0
P 0
BR 18

RetrofitTech Dubai

 
2nd Annual Dubai Green Hotel Innovation
5 - December 2017
Future Civil Defense
6 - December 2017
Future Landscape and Public Realm Jeddah
11 - December 2017
LightingTech Abu Dhabi
11 - December 2017
RetrofitTech Abu Dhabi
11 - December 2017
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

RetrofitTech Abu Dhabi 2017

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Food Africa Cairo - 4 December - 6 December 2018  
  Mac Fruit Attraction - 4 December - 6 December 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Heavy Max
Hospitality Qatar
Project Qatar
Qatar Hospital Build
Qatar School Build
Qatar Sports Infrastructure
Qatar StoneTech
Qatar Transport & Logistics
Iraq
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2017 - © All rights reserved