Sumo explains contract to export Kirkuk oil to Iran[/rtl]
[rtl]Release date: 2017/12/10 9:02 • 399 times read[/rtl]
The Iraqi Oil Marketing Company (SOMO) has made a contract to export crude oil from Kirkuk fields to Iran.
"This agreement, which will contribute to the addition of a new export port to Iraq, is an addition to Kirkuk oil disposal and economic feasibility for Iraq, which provides the country with costs," a statement by the ministry's director general Alaa al-Yasiri said. The transfer to the south for export as well as the strengthening of economic relations with neighboring countries. "
"The Iraqi oil marketing company will start soon to export quantities agreed to Iran after the tender for the transfer of these quantities through tankers and tanks and agree with specialized companies for this purpose."
The oil minister Jabbar Ali al-Allaibi announced yesterday 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.
"The agreement signed by Sumo with the Iranian side provides for the Iraqi side to transfer the quantities mentioned through the trucks to the joint 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 in southern Iraq," he said.
Al-Allaibi said that Iraq is keen to strengthen relations with neighboring countries and the Arab and regional environment and the world. The government and the ministry plan to establish strategic oil projects that enhance the prospects of bilateral cooperation with Turkey, Jordan, Kuwait, Saudi Arabia and Syria as well as Egypt.
The deal allows Iraq to resume sales of oil from the fields of Kirkuk, which has been suspended since the federal forces regained control of the fields from the Kurdistan region in October last.
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