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Iraqi contracts develop as oil begins to move

Lebanon hopes to sign a deal with Iraq in the next two months to buy crude oil below market prices, after Baghdad agreed to sell oil to Jordan at $22 a barrel, Bloomberg's Massoud A. Derhally reported. "We are hoping for a similar agreement,'' Lebanese Minister of Finance Mohamad Chatah, 57, said in an interview [...]

By Ben Lando of Iraq Oil Report
Published August 31, 2008

Lebanon hopes to sign a deal with Iraq in the next two months to buy crude oil below market prices, after Baghdad agreed to sell oil to Jordan at $22 a barrel, Bloomberg's Massoud A. Derhally reported.

"We are hoping for a similar agreement,'' Lebanese Minister of Finance Mohamad Chatah, 57, said in an interview in Beirut. "There is clearly a desire on the part of the Iraqi ...

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