Kuwait Agrees to Export Iraqi Oil [View All]

[DuctapeFatwa]

Kuwait has agreed to export Iraqi oil from its ports and is considering a deal to import natural gas from Iraq, a senior official said Sunday.

This oil deal would be the first of its kind between the neighbors since the fall of former Iraqi leader Saddam Hussein, who invaded Kuwait and occupied it for seven months until it was liberated in the 1991 Gulf War.

Separately, the Kuwait Petroleum Corp. will start supplying Iraq with 3.6 million liters of gasoline a day in July.

He did not say if KPC will be replacing Kuwaiti private firm Altanmia Marketing Co. in supplying a Halliburton subsidiary, Kellogg Brown & Root, with oil for Iraq.

http://www.nctimes.com/articles/2004/02/29/ap/Business/d8114g481.txt