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 rises for a third day on expectations for fuel demand pickup

Date: 2021-06-03 05:48:27
Oil rises for a third day on expectations for fuel demand pickup

OPEC to stick to oil production deal in October, Iraq oil minister says

Date: 2021-09-19 15:17:29
OPEC to stick to oil production deal in October, Iraq oil minister says

Oil falls nearly 5% on jitters over vaccine efficacy

Date: 2021-11-30 15:41:39
Oil falls nearly 5% on jitters over vaccine efficacy

Oil trims losses after Trump signs aid bill; demand concerns linger

Date: 2020-12-28 08:44:45
Oil trims losses after Trump signs aid bill; demand concerns linger

Oil climbs 5% on signs of increasing crude demand

Date: 2021-04-14 20:54:20
Oil climbs 5% on signs of increasing crude demand

Oil rises for a new record for months

Date: 2020-08-25 21:20:41
Oil rises for a new record for months

Oil prices slip, rebound runs out of steam on demand worries

Date: 2021-08-03 06:53:56
Oil prices slip, rebound runs out of steam on demand worries

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