Egypt to receive second shipment of Iraqi crude oil in two weeks

Egypt is set to receive 2 mn bbl of Iraqi crude oil in two weeks, a source from the EGPC said. The shipment is the second since Egypt renewed an agreement to import crude oil from Iraq back in January. Under the agreement, Egypt imports 12 mn bbl of Iraqi crude delivered in 2 mn bbl shipments every two months. The first shipment was received in February.