Iraq oil minister says Kirkuk oil swap deal with Iran is for one year
Iraqi Oil Minister Jabar al-Luaibi said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for one year and subject to renewal./ Iraqi Oil Minister Jabar al-Luaibi speaks during news conference at the ministry of oil in Baghdad, Iraq November 27, 2017. REUTERS/Thaier Al-Sudani/ The agreement signed on Friday by the two OPEC countries provides for Iran to deliver to Iraq’s southern ports, on the Gulf, “oil of the same characteristics and ...
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