Iraq Oil Minister: Deal To Sell Egypt 4 Million Barrels a Month Pending Payment Procedures

Iraq Oil Minister: Deal To Sell Egypt 4 Million Barrels a Month Pending Payment Procedures
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Πεμ, 30 Μαΐου 2013 - 19:44
An agreement to sell Egypt 4 million barrels a month of Iraqi crude oil is on hold pending payment procedures, the Iraqi oil minister said Thursday
An agreement to sell Egypt 4 million barrels a month of Iraqi crude oil is on hold pending payment procedures, the Iraqi oil minister said Thursday.

Iraq has agreed in principle to supply Egypt, which has suffered fuel shortages recently, with the oil, but the agreement has not be cemented due to difficulties of payment, Oil Minister Abdul Kareem Luaiby told reporters in Vienna

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