(Reporting by Moayad Kenany, writing by Omar Abdel- Razek, editing by Susan Fenton)
March 20 (Reuters) - Iraq's government approved renewing
a contract that will allow the Egyptian General Petroleum
Corporation (EGPC) to buy 4 million barrels of Iraqi crude oil
in June and August, the Iraq government said on Monday.
EGPC will acquire two million barrels in June and another
two million barrels in August, the government said in a
statement.
Cairo and Baghdad signed an agreement in 2016 that enables
Egypt to import one million barrels of Iraqi Basra crude every
month and with payment facilities.
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