Press TV - Iraq and Iran have reportedly begun exchanging crude oil following a 10-day halt which came after the Kurdish Regional Government (KRG) suspended the swap earlier this month. Crude from the Kirkuk field in northern Iraq is being shipped by truck to Iran but the KRG's ministry of finance and economy ordered border crossings not to allow ...

FNA- Iraqi Oil Minister Jabbar al-Luiebi underlined that the US sanctions will have no effect on Tehran-Baghdad oil swap agreement, media reports said. "The crude oil exported from Iraq to Iran has been calculated as the price of electricity received from Iran and has not yet been swapped as yet; hence we will continue swap with the country," the ...

SHANA Iran started swapping oil with Iraq's Kirkuk on Sunday, June 3, 2018, after the two neighbors sorted the logistic issues preventing the swap's startup. According to the CIF-based swap deal, Iran receives 30,000 to 60,000 bpd of oil from Kirkuk oil fields in northern Iraq to an Iranian refinery across the border via tanker trucks, in exchange ...

Tasnim Irans Oil Ministry linked a 4-month delay in the implementation of an oil swap deal with Iraq to the Arab countrys unpreparedness and technical problems. In a letter to the Tasnim News Agency in response to a recent report on the lengthy delay in implementation of the oil swap deal with Iraq, Irans Oil Ministry said the problem lies in the ...

Press TV - A senior Iraqi official says his country could start in one to two weeks sending crude by truck from Kirkuk to Irans Kermanshah refinery. The swap deal was agreed at the end of 2017, under which Iraq is about to truck 60,000 barrels per day (bpd) of crude oil to Iran. Iran will export from its Kharg terminal on the Persian Gulf ...

Al Monitor | Adnan Abu Zeed:The ISIS appears to be staging a comeback in parts of Iraq, which could endanger the country's oil deal with Iran. Hamid Hosseini, the Iranian secretary-general of the Iran-Iraq Chamber of Commerce,warned in late Februarythat the countries' plan can't be implemented fully because of security concerns. The countries signed ...

Press TV - Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month. Iraq is about to truck 60,000 barrels per day (bpd) of oil from Kirkuk to Irans Kermanshah refinery across the border and ship back refined Iranian oil for southern Iraq. Acting director general of Iraqs ...

Al-Monitor | Olgu Okumu?: In December 2017, Iran and Iraq signed anoil swap deal, andon Jan. 14,Iraqi Oil Minister Jabbar al-Luaibi announced that Iraq will start exporting oil from the northern Kirkuk fields to Iran before the end of January 2018. This new level ofIran-Iraq cooperation, which brings back memories of the so-calledFriendship Pipelinebetween ...