{"id":643080,"date":"2017-08-29T03:38:27","date_gmt":"2017-08-29T03:38:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/egpc-to-extend-iraqi-crude-import-agreement-for-another-year\/"},"modified":"2017-08-29T03:38:27","modified_gmt":"2017-08-29T03:38:27","slug":"egpc-to-extend-iraqi-crude-import-agreement-for-another-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/egpc-to-extend-iraqi-crude-import-agreement-for-another-year\/","title":{"rendered":"EGPC to extend Iraqi crude import agreement for another year"},"content":{"rendered":"

The Egyptian General Petroleum Corporation (EGPC) is planning to extend its contract with Iraq to continue importing crude oil<\/a> for a second year, an unnamed official tells Al Shorouk<\/a>. Negotiations are still expected to take place, the source adds. So far in 2017<\/a>, Egypt has imported 8 out of 12 mn bbl of Iraqi crude. While Iraq was meant to deliver 1 mn bbl a month under the initial agreement, cost cutting measures saw Iraq delivering a monthly 2 mn bbl. A portion of the refined oil is re-exported back to Iraq. Egypt recently renewed its 2 mn-bbl-per-month contract with Kuwait.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian General Petroleum Corporation (EGPC) is planning to extend its contract with Iraq to continue importing crude oil for a second year, an unnamed official tells Al Shorouk. Negotiations are still expected to take place, the source adds. So far in 2017, Egypt has imported 8 out of 12 mn bbl of Iraqi crude. […]<\/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-643080","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0365fcce-0173-497b-8a22-b7d34181906b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[643052],"teaser":"","voice_url":""},"yoast_head":"\nEGPC to extend Iraqi crude import agreement for another 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\/2017\/08\/29\/egpc-to-extend-iraqi-crude-import-agreement-for-another-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGPC to extend Iraqi crude import agreement for another year\" \/>\n<meta property=\"og:description\" content=\"The Egyptian General Petroleum Corporation (EGPC) is planning to extend its contract with Iraq to continue importing crude oil for a second year, an unnamed official tells Al Shorouk. Negotiations are still expected to take place, the source adds. So far in 2017, Egypt has imported 8 out of 12 mn bbl of Iraqi crude. 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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\u2026","rel":"","context":"In "Energy"","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":643080,"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 "Energy"","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":643080,"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 "Also on our Radar"","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":648671,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/agreement-to-import-iraqi-crude-to-be-finalized-soon-iraqi-ambassador-says\/","url_meta":{"origin":643080,"position":3},"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. Egypt has been in talks with Iraq to import\u2026","rel":"","context":"In "Energy"","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":643080,"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 "Energy"","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":651225,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/egpc-will-supply-all-petroleum-products-from-refined-iraqi-crude-domestically\/","url_meta":{"origin":643080,"position":5},"title":"EGPC will supply all petroleum products from refined Iraqi crude domestically","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"EGPC intends to channel all the petroleum products produced from refining Iraqi crude domestically and will not export them, unnamed officials tell Al Mal. We had earlier reported that Egypt will send a delegation to Iraq to finalize an agreement to import 1-2 mn bbl of crude, and the Oil\u2026","rel":"","context":"In "Energy"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/643080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=643080"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/643080\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/643052"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=643080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=643080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=643080"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=643080"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=643080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}