Iraq, Iran sign Kirkuk oil export contract: Iraqi oil official

DUBAI: Iraq has consented to an agreement with Iran to send out raw petroleum from its Kirkuk oilfield with a rate of in the vicinity of 30,000 and 60,000 barrels for every day, an Iraqi oil official said on Saturday.

Iraq intends to twofold its generation from oilfields in Kirkuk to one million barrels for each day, its oil serve said a month ago. Fares from oilfields in Kirkuk have been on keep since Iraqi powers brought down control of the fields from the Kurds in October.

Nearby Iraqi private supporter Alsumariya prior said the arrangement had been marked in Tehran, refering to Iraqi Oil Minister Jabar al-Luaibi.