Cabinet denies importing crude oil, petrol products from Iran

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Thu, 08 Nov 2018 - 02:01 GMT

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Thu, 08 Nov 2018 - 02:01 GMT

FILE: The Cabinet, headed by the acting Prime Minster Mustafa Madbouli, review on Wednesday a comprehensive report on the duties carried out by various ministries and bodies with regard to developing the services provided to residents of al Rawda village

FILE: The Cabinet, headed by the acting Prime Minster Mustafa Madbouli, review on Wednesday a comprehensive report on the duties carried out by various ministries and bodies with regard to developing the services provided to residents of al Rawda village

CAIRO - 8 November 2018: The Cabinet media center has dismissed as groundless reports that Egypt imports oil products from Iran.

In a statement Thursday, the center said it contacted the Ministry of Petroleum and Mineral Wealth which, in turn, described the reports as untrue.

Neither crude oil nor petrol products were imported from Iran, the ministry said.

There is no cooperation with Iran in importing crude oil or its derivatives, it added.

The Ministry affirmed that Egypt imports quantities of crude oil and derivatives upon trade agreements with Kuwait, Iraq and Saudi Arabia to meet local market needs.

It pointed out that the current average production of crude and petrol products in the country amounts to 600,000 barrels per day.

The ministry appealed to citizens and media outlets to turn a blind eye to such false reports and verify the authenticity of any news materials before spreading them.

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