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Thursday, 04/23/2009 2:29:05 PM

Thursday, April 23, 2009 2:29:05 PM

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Iran, Iraq: Pipeline Deal Reached

April 23, 2009


Iraq and Iran have agreed to a deal that will build an oil pipeline between Basra in southern Iraq a mile across the border to Abadan in southwest Iran, Iranian state-run Islamic Republic News Agency reported April 23. The 32-inch pipeline will send Iraqi oil to an Iranian refinery, and is expected to account for half the 430,000 barrels per day processed at the Abadan refinery.


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