Iraq to export Kirkuk oil to Iran

Iraq to export Kirkuk oil to Iran



Iraq and Iran Friday agreed in principle to export Kirkuk oil to Iran, according to Iraqi oil ministry.

Iraqi Oil Minister Jabbar al-Luaibi said in a statement that 30,000-60,000 barrels of oil per day would be exported to Iran’s Kermanshah province.

The deal was signed in Baghdad between Iraq’s State Organization for Marketing of Oil (SOMO) and Iran, al-Luaibi said.

The amount of the export would be increased after pipelines were installed, he added.

Al-Luaibi said the oil would be trucked over Iraq’s border to Kermanshah.

“The [Iraqi] government aims to carry out oil and strategic projects with Turkey, Iran, Kuwait, Saudi Arabia and Syria,” al-Luaibi said, adding that the deal with Iran would be signed after technical and administrative aspects were settled.

Last month, Iraqi forces seized control of the oil fields in Kirkuk from KRG Peshmerga forces, which took control of the disputed province in 2014.

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