Iraq to sell crude oil to Egypt next April March 26, 2013 - 16:59 AMT PanARMENIAN.Net - Iraq's top energy official says his country will sell crude oil to Egypt starting from next April, The Associated Press reported. Deputy Prime Minister Hussain al-Shahristani told The Associated Press on Tuesday, March 26 that 4 million barrels will be shipped to Egypt per month. Al-Shahristani declined to state whether Iraq will sell its crude at preferential prices, as it does with neighboring Jordan. Egypt is short of funds to purchase fuel. A shortage of diesel in particular is adding to its economic woes and feeding anti-government sentiment. Iraq sits atop of 143.1 billion barrels of proven oil reserves. Its daily oil production has increased remarkably since 2009, to over 3 million barrels a day from around 2.4 million barrels a day, with the help of the handful of international oil companies working there.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
