Egypt received 2 million barrels of Iraqi crude oil at the beginning of April as part of the recently renewed agreement between the two countries, boosting the total of imported Iraqi crude to 4 million barrels, Al Mal News reported.

Middle East Oil Refinery (MIDOR) will receive the Iraqi crude as the company decided to refine the amounts of crude on its own.

Earlier in 2019, Egypt renewed the agreement with Iraq for the third consecutive time to import a total of 12 million barrels of Iraqi crude over six months.

Alexandria Mineral Oils Company (AMOC) has announced that the refined products received from the first and second contracted were sufficient due to their low solvency ratio.