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Politics : THE WHITE HOUSE
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: goldworldnet who wrote (7471)8/19/2007 7:35:03 AM
From: DuckTapeSunroof  Read Replies (1) of 25737
 
Iraq-Iranian agreement to lay oil pipeline

By Dergham Mohammed Ali
Baghdad, 18 May 2007 (Voices of Iraq)
iraqupdates.com

The Iraqi government has agreed with Iran to start laying oil pipeline between the two countries to export Iraqi oil to the neighboring country, the official spokesman for Iraq's Oil Ministry said on Thursday.

"The agreement came during the meeting between Iraqi oil minister Hussein al-Shahrestani and Iranian Ambassador to Iraq Hasan Kazemi Qomi at the minister’s office," Essam Jihad told the independent news agency Voices of Iraq (VOI).

"The two agreed to lay the oil pipeline from southern Iraq to Abadan region in Iran in order to export more than 200,000 barrels per day of Iraqi crude oil to Iran according to crude oil international prices," he also said.

He noted that the new pipeline will provide a new way to boost the country's export capacity to Iranian refineries in Abadan.

"They also agreed to arrange a mutual visit for technicians from both countries to prepare the agreement's contracts," the official added.
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