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Iran to export 1m bpd kerosene to Iraq

Tehran, Dec 10, IRNA-Iran will export one million barrels per day (bpd) of kerosene and other oil products to Iraq within a period of three months.

An agreement to that effect was reached between Governor-General of Iranian province of Kermanshah Majid Ghafouri and his counterpart from Iraqi Sulaimaniya province in the context of Tehran-Baghdad cooperation.

As per the agreement, Iran's Oil Ministry will export one million bpd kerosene to help remove oil shortage in Iraqi Kurdistan province.

The Oil Ministry will provide an Iranian contractor with a credit of 425,000 dollars for construction of an eight km oil pipeline from Iranian city of Abadan to Sheib, Iranian border town for the purpose.

Iran's Customs Office should allow Iraqi lorries to enter Iranian provinces of Ilam, Khuzestan and Kermanshah to carry oil and oil products from the three provinces to Iraq.

Iranian and Iraqi officials also agreed to reduce time schedule set for completion of `Al-Harese' electricity transfer lines in Abadan, with a capacity of 400 kilovolts, from six months to three months.

The period of completion of `Diali' electricity transfer lines in Kermanshah, with a capacity of 400 kilovolts, will also reduce from 18 months to nine months.

Meanwhile, Iran's Foreign Ministry will provide 30-million-dollar credit to Energy Ministry to restore electricity lines between Iraqi cities of Karbala and Najaf.

Iran's Foreign Ministry has also promised to give 30-million-credit to Energy Ministry to supply equipment needed for power plants in Najaf and Karbala.

Iran will provide Iraq with one billion dollar credit to restore railways, national grid, construct two oil pipelines between Abadan and Basra and build roads of Chazzabeh, al-Amara, Mehran and al-Kut.

Parts of the credit will be allocated for construction of two power plants in al-Kut and Sadr city, on suburb of Baghdad and two hospitals in Najaf and Sadr city.

... Payvand News - 12/10/06 ... --

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