21 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Oil Minister aims for Iran Strait tanker talks
The Minister of Oil, Basem Muhammad Khudair, confirmed the existence of an ambitious plan to transfer part of the oil from the southern fields through the northern pipelines, with the aim of reaching export rates exceeding 700,000 barrels per day. This is in line with the Iraqi-Turkish agreement recently signed and extended for one year. The minister also held talks with Iran to enhance the smooth movement of oil tankers through the Strait of Hormuz, with expectations of reaching significant understandings to improve the passage of shipments. The policies focus on strengthening cooperation with neighboring countries and developing contracts with international companies to support the national economy through increased exports and the development of infrastructure in health, education, and transportation sectors.
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