Iraq loading first crude oil cargo for Egypt under new deal

BAGHDAD (Reuters) -- Iraq's oil ministry said on Thursday it had started loading a tanker with 2 MMbbl of crude oil bound for Egypt, marking the first shipment under a bilateral agreement.

Under a one-year agreement reached last month between Iraq and Egypt, Iraq will sell 12 MMbbl of oil to Egypt, the ministry said.

Reporting by Ahmed Rasheed; editing by Jason Neely

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