21 Feb 2017
(MENAFN) Iran and Iraq had signed a memorandum of understanding (MOU) in order to study the construction of pipeline to export crude oil from the northern Iraqi fields of Kirkuk via Iran.
In the signing ceremony, there were the oil ministers of the two countries, and they also called for a commission to solve a conflict about joint oilfields and the possible transportation of Iraqi crude to Iran’s Abadan refinery.
Jabar al-Luaibi, Iraqi Oil Minister said in a statement that he also agreed with visiting Iranian counterpart Bijan Namdar Zanganeh to discuss more cooperation policies about the Organization of the Petroleum Exporting Countries.
However, both countries are OPEC’s second- and third- largest producers after Saudi Arabia, as Iraq produces and exports most of its crude from the southern region.
MENAFN2102201700450000ID1095261492
MENAFN2102201700450000ID1095261492
30 Oct 2025
BBK discloses its financial results for the period ended 30th September 2025
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more