Egypt inching toward oil agreement with Iraq

SOMOEgypt is on the verge of signing an agreement with Iraq’s State Oil Marketing Organization (SOMO) to import a 1 mn barrels of crude oil each month, Iraq’s Ambassador to Cairo Habib Hady Al Sadr tells Al Ahram.

Iraq has already signed the contracts and sent them to Egypt, he adds, and the first shipment should arrive in the last 10 days of March.

(Source: Enterprise.press)

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