Iraq loading first crude oil cargo for Egypt under new deal
5/4/2017 7:46:27 AM
BAGHDAD (Reuters) -- Iraq's oil ministry said on Thursday it had started loading a tanker with 2 MMbbl of crude oil bound for Egypt, marking the first shipment under a bilateral agreement.
Under a one-year agreement reached last month between Iraq and Egypt, Iraq will sell 12 MMbbl of oil to Egypt, the ministry said.
Reporting by Ahmed Rasheed; editing by Jason Neely
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