Iraq and Iran begin to exchange Kirkuk oil

Iran and Iraq have begun to exchange crude oil as part of a deal between the two countries, the Iranian Oil Ministry news website said on Sunday, adding that logistical problems had been solved .
Under the deal, crude is being transported from the Kirkuk field in northern Iraq by truck to Iran, which will use oil at its refineries and export a similar amount of crude on behalf of Baghdad from the southern ports overlooking the Gulf .
Shana said 30,000 to 60,000 barrels per day of Kirkuk crude would be transported by truck to Dar Shahr in southeastern Iran.
Source: Economy News