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Sources: Egypt is aiming to import more than two million barrels of Iraqi crude oil
Wednesday 16-11-2016 | 8:15:52
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RNA / d p
Wednesday 16-11-2016 | 8:15:52
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RNA / d p
Twilight News / reported responsible Egyptian Petroleum and Mineral Resources, industry sources said on Wednesday that an Iraqi delegation of senior Iraqi Oil Ministry will visit Cairo in the middle of next month.
The sources said, according to Egyptian media that the contract to provide Egypt with crude oil will be on the priorities of the meetings to be held with officials of the Iraqi Ministry of Oil.
The sources said that Egypt is aiming to provide more than one million barrels of crude oil from Iraq next refining Other amounts to Baghdad in Egyptian refineries along with other cooperation activities, which is the exchange of experience in various petroleum industry, from research and exploration and development, production, development and maintenance of infrastructure and the creation of lines and networks of transport crude oil, petroleum products, natural gas and petroleum implementation of projects, in addition to the training and qualification of human resources in the petroleum industry in both countries, and to study the establishment of joint ventures between Egypt and Iraq in drilling activities.
Saudi Arabia was supplying Egypt petroleum shipments according to a contract signed between the two sides for five years, but the first proceeded to shut off due to strained relations between Riyadh and Cairo on the back of Egypt's vote in favor of the project in the Russian Security Council on Syria.
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