Iraqi Oil Minister Ihsan Abdul Jabbar expects oil prices to reach around $60 in the second quarter of 2021, he said in an interview with Iraq's Sharqiya TV on Friday.
Iraq to start fuel exports to Lebanon in 2021 – statement
Iraq’s oil minister said on Monday that an agreement has been reached with Lebanon to start fuel export supplies to Beirut in 2021 using global prices, the oil ministry said in a statement.
The announcement came after a meeting between Iraq’s Oil Minister Ihsan Abdul Jabbar and his Lebanese counter Raymond Ghajar in Baghdad on Monday.
Fuel supply quantities will be “limited and to be announced later” and will cover part of Lebanon’s needs for fuel to generate power, the ministry cited Jabbar as saying.
Ghajar said it was agreed to import fuel oil from Iraq to cover the requirements of Lebanese power stations, the oil ministry quoted him as saying.
Iraq Says to Begin Fuel Exports to Lebanon in 2021 Iraq
ERBIL - Iraq said on Tuesday that it had reached an agreement with Lebanon to begin fuel export supplies to Beirut in 2021.
The announcement was made by Iraq s Oil Minister Ihsan Abdul Jabbar after his meeting with his Lebanese counterpart, Raymond Ghajar, in Baghdad on Monday, according to Asharq Al-Awsat.
Iraq is expected to use global prices.
According to the Iraqi oil minister, the quantities of fuel supply will be limited and to be announced later, while covering part of Lebanonâs needs for fuel to generate power. Iraq agreed to sell a quantity of black oil to Lebanon during the year of 2021. The quantities will be announced later, according to the prices of the international platform, Abdul Jabbar said in a statement.
Tuesday, 22 December, 2020 - 08:15
File photo of workers at an oil refinery in the southern town Nasiriyah. (AFP) Baghdad - Asharq Al-Awsat
Iraq’s oil minister said on Monday that an agreement has been reached with Lebanon to start fuel export supplies to Beirut in 2021 using global prices.
The announcement came after a meeting between Iraq’s Oil Minister Ihsan Abdul Jabbar and his Lebanese counter Raymond Ghajar in Baghdad on Monday.
Fuel supply quantities will be “limited and to be announced later” and will cover part of Lebanon’s needs for fuel to generate power, the ministry cited Jabbar as saying.
By Reuters Staff
1 Min Read
BAGHDAD (Reuters) - Iraq’s oil minister said on Monday that an agreement has been reached with Lebanon to start fuel export supplies to Beirut in 2021 using global prices, the oil ministry said in a statement.
The announcement came after a meeting between Iraq’s Oil Minister Ihsan Abdul Jabbar and his Lebanese counter Raymond Ghajar in Baghdad on Monday.
Fuel supply quantities will be “limited and to be announced later” and will cover part of Lebanon’s needs for fuel to generate power, the ministry cited Jabbar as saying.
Ghajar said it was agreed to import fuel oil from Iraq to cover the requirements of Lebanese power stations, the oil ministry quoted him as saying.