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Thursday, April 27, 2017
An Egyptian delegation will visit Iraq soon to sign a deal for Egypt to import crude oil from Iraq which will include a 90-day grace period for payment, the Iraqi ambassador to Egypt Habib El-Sadr told Reuters.The Iraqi government last week approved plans to extend two oil and gas pipelines from Iraq, via Jordan to Egypt at a cost of US$6 billion, the ambassador said, adding that the work will take three years to complete.
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