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Cairo to renew contract to import 12 million barrels of Iraqi oil
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Baghdad
revealed the source of an official by sector of the Egyptian Petroleum, that the General Petroleum Corporation plans to renew its contract with the company " SOMO Iraq" for the supply of 12 million barrels of oil Basra for a new year, during the month of May next year , 2018.
said the source , who did not mention Said that "the month of May next date of renewal of the contract between the parties, and the General Petroleum Corporation will have completed the payment of the current shipments."
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[You must be registered and logged in to see this image.]Oil warns foreign companies to conclude contracts without reference to the government and the ministry
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[You must be registered and logged in to see this image.]Sumo: Southern exports during the past month amounted to 3 million and 346 thousand barrels per day
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The Egyptian General Petroleum Corporation signed a commercial contract with the company "Sumo" Iraqi, mid-April to supply about 12 million barrels of Basra light crude oil, 2 million barrels per shipment for one year renewable, and the grace period before payment of about 90 days , And refining Iraqi oil in Egyptian refineries.
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