Report

rss

Iraq News

Kurdistan

Economy

World

All News

Iraq denies Oil-for-Construction agreements with Egypt

Category: Economy

Date: 2020-11-03T15:34:02+0000
Iraq denies Oil-for-Construction agreements with Egypt

Shafaq News / The Iraqi government denied on Tuesday setting an agreement to barter oil in exchange for reconstruction with its Egyptian counterpart. 

The Government spokesman, Ahmed Mulla Talal, said in a press conference attended by Shafaq News agency, "We deny that the government signed an agreement with Egypt under the oil-for-Construction clause," noting, "the signed understandings with Egypt is an outcome of the tripartite summit".

Mulla Talal added, "Egyptian companies will implement important projects in the country".

On October 31, the Iraqi government signed fifteen memoranda of understanding and a program of cooperation with the Egyptian government in the fields of transportation, water resources, health, environment, justice, investment, housing, construction, industry, trade and finance.


related

Oil held near $60 a barrel as around a third of the US’s crude production took out

Date: 2021-02-17 06:31:55
Oil held near $60 a barrel as around a third of the US’s crude production took out

Oil edges higher; market wary of U.S. inflation data

Date: 2022-07-13 06:47:28
Oil edges higher; market wary of U.S. inflation data

Oil rises as full U.S. clearance for COVID-19 vaccine stokes fuel demand hopes

Date: 2021-08-24 05:46:15
Oil rises as full U.S. clearance for COVID-19 vaccine stokes fuel demand hopes

Oil up more than 4% as US stockpiles fall

Date: 2020-09-16 20:27:16
Oil up more than 4% as US stockpiles fall

Iraq' oil exports to the United States increased in last week

Date: 2021-11-06 07:02:21
Iraq' oil exports to the United States increased in last week

Oil falls in volatile trade as investors try to make sense of OPEC spat

Date: 2021-07-07 17:45:34
Oil falls in volatile trade as investors try to make sense of OPEC spat

A slight recovery in oil prices after the lowest level in 18 years

Date: 2020-03-31 10:42:45
A slight recovery in oil prices after the lowest level in 18 years

Oil rises on Brexit deal hopes

Date: 2020-12-24 06:52:57
Oil rises on Brexit deal hopes