IRAQ

Iraq Begins Crude Exports to Brazil's Petrobras from 'Aqaba 

Iraq's first shipment of crude oil to Brazil from the Jordanian port of 'Aqaba amounting to 200,000 tons was loaded on board a 275,000 dwt Brazilian tanker on 11 October. The shipment from 'Aqaba is being made under the terms of the recently concluded tripartite barter agreement between Iraq, Petrobras and Volkswagen do Brasil involving the delivery of 2.5mn tons of Iraqi crude over a two-year period...