OPEC members

Iraq to Gain $1.75 B from Selling Oil to China

Iraq is expected to gain approximately $1.75 billion from the sale of 100,000 barrels per day (bbpd) of crude oil to China in 2020,

Iran to Complete Oil Export Terminal by Year End

The National Iranian Oil Company expects to complete a pipeline and a terminal near Kharg Island by the end of 2016, in preparation to start exporting the new grade crude, known as West Kharoon.

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