World Bulletin / News Desk
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 the Kurdish Peshmerga forces, which took control of the disputed province in 2014.
The move came amid tension between Baghdad and the Kurdish Regional Government (KRG) over the controversial referendum on Sep. 25 for Kurdish independence.
Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia, and holds the world's fifth-largest proven crude oil reserves after Venezuela, Saudi Arabia, Canada, and Iran, according to the U.S. Energy Information Administration (EIA).
Resources strained as thousand crossing into Canada from US
American Civil Liberties Union granted request to halt deportations for one week after reunification
Trump declared that US-Russian relations have turned a corner after a summit with his Russian counterpart Vladimir Putin that he described as "open, direct and deeply productive".
Operation is aimed at restoring confidence after last year’s illegitimate poll on Kurdish regional independence
The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday.
ISIL still maintains a limited presence in northern and western Iraq
90 more migrants in critical condition found inside shipping containers
Obama arrived in his father's native Kenya on Sunday, where he paid courtesy calls on President Uhuru Kenyatta and main opposition leader Raila Odinga.
Tensions have steadily mounted in southern Iraqi province over unemployment and lack of basic services
Speaking in an interview with CBS Evening News conducted on Saturday ahead of his meeting with the Russian leader in Helsinki on Monday, the US president also sought to temper expectations about how much could be achieved.
FETO orchestrated the defeated coup, which left 251 people martyred and nearly 2,200 injured
The protests hit several provinces including Basra, despite Prime Minister Haider al-Abadi announcing fresh funds and pledges of investment for the oil-rich but neglected region.
US director of documentary on FETO-linked schools in US says FETO terrorists spent 18 years spreading false image of group
Basra residents complain of high unemployment and lack of basic services