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Egyptian delegation in Baghdad to negotiate the signing of an agreement on the delivery of natural gas to homes in Iraq
Tuesday, June 4, 2013 12:23
[Follow-up - where]
The Egyptian government is currently negotiating with Iraq for the use of Egyptian companies in the delivery of gas to homes in Iraq, and to participate in infrastructure works.
The head of Egypt Gas Company Fouad Rashad said in a press statement that "intensive contacts are underway with the Iraqi Oil Ministry, to agree on the company's participation in the reconstruction of Iraq through the implementation of a number of projects company Gas Delivery."
Rashad pointed out "that a delegation from Egypt Gas visit to Iraq to study, and access to all the data related to the agreement, pointing out that the company is looking to participate in the delivery of natural gas to homes in Iraq and the Kurdistan region."
The head of Egypt Gas Company that "Egypt Gas is looking to expand its business through foreign've shared in Libya and Abu Dhabi, pointing to Egypt Gas possession of 49% of the Egyptian-Libyan company to deliver natural gas to homes."
Iraq has signed and Egypt in March last year an agreement during the visit of the Egyptian delegation headed by Prime Minister Hisham Qandil to Baghdad requires the approval of the Iraqi side to meet the Egyptian request to provide the Egyptian Petroleum four million barrels per month of crude oil Basra and through the Iraqi oil marketing company Sumo.
The Oil Ministry announced the Egyptian Mineral Resources on March 25 of last submitted a formal request to Iraq to reduce the price of a barrel of oil and facilitate the work and payment request is rejected by the Iraqi Oil Ministry.
It was scheduled to be activated agreement between the two countries and the arrival of the first shipment of Iraqi crude to the laboratories of Egypt in the early month of May, but it did not happen so far demonstrates the existence of obstacles in the agreement, especially after Iraq refused to lower the price of the barrel and to provide facilities in the reimbursement process from the side Egyptian, according to economists.
Revealed a source in the Egyptian Ministry of Petroleum stalled negotiations Egypt and Iraq to import Iraqi crude oil after the situation in Iraq and conditions described Egypt as a "cruel" to complete the import operations.
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Tuesday, June 4, 2013 12:23
[Follow-up - where]
The Egyptian government is currently negotiating with Iraq for the use of Egyptian companies in the delivery of gas to homes in Iraq, and to participate in infrastructure works.
The head of Egypt Gas Company Fouad Rashad said in a press statement that "intensive contacts are underway with the Iraqi Oil Ministry, to agree on the company's participation in the reconstruction of Iraq through the implementation of a number of projects company Gas Delivery."
Rashad pointed out "that a delegation from Egypt Gas visit to Iraq to study, and access to all the data related to the agreement, pointing out that the company is looking to participate in the delivery of natural gas to homes in Iraq and the Kurdistan region."
The head of Egypt Gas Company that "Egypt Gas is looking to expand its business through foreign've shared in Libya and Abu Dhabi, pointing to Egypt Gas possession of 49% of the Egyptian-Libyan company to deliver natural gas to homes."
Iraq has signed and Egypt in March last year an agreement during the visit of the Egyptian delegation headed by Prime Minister Hisham Qandil to Baghdad requires the approval of the Iraqi side to meet the Egyptian request to provide the Egyptian Petroleum four million barrels per month of crude oil Basra and through the Iraqi oil marketing company Sumo.
The Oil Ministry announced the Egyptian Mineral Resources on March 25 of last submitted a formal request to Iraq to reduce the price of a barrel of oil and facilitate the work and payment request is rejected by the Iraqi Oil Ministry.
It was scheduled to be activated agreement between the two countries and the arrival of the first shipment of Iraqi crude to the laboratories of Egypt in the early month of May, but it did not happen so far demonstrates the existence of obstacles in the agreement, especially after Iraq refused to lower the price of the barrel and to provide facilities in the reimbursement process from the side Egyptian, according to economists.
Revealed a source in the Egyptian Ministry of Petroleum stalled negotiations Egypt and Iraq to import Iraqi crude oil after the situation in Iraq and conditions described Egypt as a "cruel" to complete the import operations.
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