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6 months ago
Iraq and Iran sign MoU on Kirkuk oil export pipeline study
February 20, 2017 / 1:01 PM / 6 months ago

Iraq and Iran sign MoU on Kirkuk oil export pipeline study

BAGHDAD, Feb 20 (Reuters) - Iraq and Iran signed a memorandum of understanding on Monday to study the construction of a pipeline to export crude oil from the northern Iraqi fields of Kirkuk via Iran, the Iraqi oil ministry said in a statement.

The agreement, signed in Baghdad by the oil ministers of the two countries, also calls for a commission to solve a conflict about joint oilfields and the possible transportation of Iraqi crude to Iran's Abadan refinery, it said.

Iraqi Oil Minister Jabar al-Luaibi said in the statement that he also agreed with visiting Iranian counterpart Bijan Zanganeh to cooperate on the policies of the Organization of the Petroleum Exporting Countries.

Reporting by Maher Chmaytelli; editing by Jason Neely

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