{"id":634712,"date":"2018-01-22T04:10:03","date_gmt":"2018-01-22T04:10:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/"},"modified":"2018-01-22T04:10:03","modified_gmt":"2018-01-22T04:10:03","slug":"egypt-renews-iraqi-crude-oil-contract-for-one-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/","title":{"rendered":"Egypt renews Iraqi crude oil contract for one year"},"content":{"rendered":"<p>Egypt has reportedly renewed an agreement to import crude oil from Iraq, an official at state petroleum buyer EGPC tells <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1FA0CN\">Reuters\u2019 Arabic service<\/a>. The contract was renewed for another year and will see Egypt import 12 mn bbl of Iraqi crude that will be delivered in 2 mn bbl shipments every two months starting January, the official says. Oil Minister Tarek El Molla <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/12\/fuel-subsidy-spending-rises-68-y-o-y-in-1q2017-18-el-molla-says\/\">had announced in November<\/a> that the government was in talks with Iraq to buy as much as 24 mn bbl of crude a year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt has reportedly renewed an agreement to import crude oil from Iraq, an official at state petroleum buyer EGPC tells Reuters\u2019 Arabic service. The contract was renewed for another year and will see Egypt import 12 mn bbl of Iraqi crude that will be delivered in 2 mn bbl shipments every two months starting January, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634712","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d9e183e7-f66f-4041-90e3-46302e32d9ae","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Egypt renews Iraqi crude oil contract for one year","related_issue":[634686],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.3791438a-b202-47cf-8cf1-e3dd6da7efb0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt renews Iraqi crude oil contract for one year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt renews Iraqi crude oil contract for one year\" \/>\n<meta property=\"og:description\" content=\"Egypt has reportedly renewed an agreement to import crude oil from Iraq, an official at state petroleum buyer EGPC tells Reuters\u2019 Arabic service. The contract was renewed for another year and will see Egypt import 12 mn bbl of Iraqi crude that will be delivered in 2 mn bbl shipments every two months starting January, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-22T04:10:03+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt renews Iraqi crude oil contract for one year\",\"datePublished\":\"2018-01-22T04:10:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/\"},\"wordCount\":93,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egypt-renews-iraqi-crude-oil-contract-for-one-year\/\",\"name\":\"Egypt renews Iraqi crude oil contract for one year - 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Negotiations are still expected to take place, the source adds. So far in 2017, Egypt has imported 8 out of 12\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629876,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/egypt-to-receive-second-shipment-of-iraqi-crude-oil-in-two-weeks\/","url_meta":{"origin":634712,"position":1},"title":"Egypt to receive second shipment of Iraqi crude oil in two weeks","author":"enterpriseam admin","date":"3 April 2018","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":583864,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/21\/egypt-to-purchase-4-mn-barrels-of-crude-from-iraq\/","url_meta":{"origin":634712,"position":2},"title":"Egypt to purchase 4 mn barrels of crude from Iraq","author":"enterpriseam admin","date":"21 March 2023","format":false,"excerpt":"Egypt\u2019s state oil company will purchase 2 million barrels in each of June and August","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/oil-refinery-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573810,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/egypt-renews-six-month-iraqi-crude-oil-import-agreement\/","url_meta":{"origin":634712,"position":3},"title":"Egypt renews six-month Iraqi crude oil import agreement","author":"enterpriseam admin","date":"18 August 2020","format":false,"excerpt":"Egypt has renewed an agreement with Iraq to import 12 mn bbl of crude oil over a six-month period, Oil Minister Tarek El Molla confirmed following a meeting with Iraq\u2019s ambassador in Cairo Ahmed Nayef Al-Dulaimi, according to a cabinet statement.","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650984,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/egyptian-delegation-visit-iraq-to-complete-agreement-to-import-iraqi-crude\/","url_meta":{"origin":634712,"position":4},"title":"Egyptian delegation visit Iraq to complete agreement to import Iraqi crude","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"The Oil Ministry is sending a delegation to Iraq this month to finalize the agreement to import 1-2 mn bbl of Iraqi crude, Oil Minister Tarek El Molla told Al Masry Al Youm. The agreement is expected to be finalized before the end of 1Q2017, he added. The ministry has\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648671,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/agreement-to-import-iraqi-crude-to-be-finalized-soon-iraqi-ambassador-says\/","url_meta":{"origin":634712,"position":5},"title":"Agreement to import Iraqi crude to be finalized soon, Iraqi ambassador says","author":"enterpriseam admin","date":"9 April 2017","format":false,"excerpt":"Egypt will finalize an agreement to import crude from Iraq soon. An Egyptian delegation will visit Iraq soon to close the agreement, which will include a 90-day grace period for payment, the Iraqi ambassador to Egypt Habib El Sadr told Reuters. 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