Iran-Iraq pipeline to link Basra-Abadan…

Tehran and Baghdad have agreed to build an oil pipeline connecting the main Iraqi oil hub of Basra to the oil-rich Iranian city of Abadan.

The agreement was reached between visiting Iraqi Oil Minister Hussein al-Shahristani and his Iranian counterpart Gholam-Hossein Nozari in Tehran, said Iran’s Deputy Oil Minister Noureddin Shahnazizadeh.

Shahnazizadeh says Iran plans to import up to 200,000 barrels of oil per day from Iraq to feed the Abadan Refinery in the southwestern province of Khuzestan.

The official added that the two countries had signed an agreement that would allow Iranian companies to participate in the construction of five refineries in Iraqi cities.
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