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The arrival of the first shipment of Iraqi crude oil to Egypt early next month

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player46


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The arrival of the first shipment of Iraqi crude oil to Egypt early next month
Wednesday, 17 April / May 2013 20:00


[Follow-up - where]


Up the first shipment of crude oil from Iraq to Egypt early next month of May.


An official source at the Oil Ministry, the Egyptian "The first shipment of crude Iraq will arrive in Egypt during the first week of next May, in quantities of up to 2 million barrels of crude are refined in laboratories Egypt, where it was agreed to supply 4 million barrels of crude per month on shipments, and prices are according to the quoted market indicators from the Iraqi government. "


The source said that "the signing of a contract import large quantities of Iraqi crude is scheduled to be in the coming days, especially as the negotiations between the Egyptian and Iraqi nearing completion, pointing out that the Iraqi delegation is visiting today Sidi Kerir in Alexandria scheduled to meet Thursday morning with Ministry officials, to negotiate on other terms of the agreement, and on how to repayment. "


The ministries of Iraqi oil and the Egyptian had signed, in the fourth of last March, signed an agreement with the consent of the Iraqi side to meet the Egyptian request to supply the Egyptian Petroleum four million barrels per month of crude oil Basra, and through the Iraqi oil marketing company for refining in the oil refineries of Egypt and brought back to Iraq .

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