http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=47933&NewsKind=Current%20Affairs
Iran to export 1m bpd kerosene to Iraq
Monday, December 11, 2006 - ©2005 IranMania.com
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Archived Picture - Iran will export one million barrels per day (bpd) of
kerosene and other oil products to Iraq within a period of three months,
IRNA reported.
LONDON, December 11 (IranMania) - Iran will export one million barrels
per day (bpd) of kerosene and other oil products to Iraq within a period
of three months, IRNA reported.
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 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.
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