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Iraqi oil: an Iranian pledge of maritime navigation in the Arabian Gulf and Strait of Hormuz

Iraqi Deputy Prime Minister for Energy and Oil Minister Thamer Abbas Al - Ghadhban - Archival

 24 July 2019 01:54 PM

The Iranian Deputy Prime Minister for Energy Affairs and Oil Minister expressed Iranian assurances provided by Iranian President Hassan Rowhani to the Iraqi delegation headed by Prime Minister Adel Abdul Mahdi on ensuring the free movement of safe navigation in the Arabian Gulf, Strait of Hormuz and the Gulf of Oman.

According to a statement by the Ministry of Oil, the Iranian President assured the Iraqi delegation respect for international law, which guarantees the freedom of international navigation.

Al-Ghadhban, who accompanied the prime minister on his visit to Tehran, said: "We have seen a convergence of views on the need to guarantee the freedom of movement of oil tankers, commercial vessels in the waters of the Arabian Gulf and the Strait of Hormuz, and respect for international law.

The minister pointed out that all parties emphasize the lack of escalation and the stalemate, which is reflected negatively on the region, and instead resort to resolving the outstanding problems in the dialogue of constructive and constructive, and this is a step and a positive indicator.

He pointed to the role played by Iraq to bring the views closer and defuse the crisis in the region.

He stressed the importance of the Strait of Hormuz in the movement and movement of oil tankers to countries of the region and the world, which have a daily rate to more than 18 million barrels per day.

Iraq exports through the Strait of Hormuz crude oil at rates of between 3.4 and 3.5 million barrels per day, as well as the export of liquid gas and condensate gas, according to the Minister of Oil.

During the regular meeting of the Council of Ministers, the Iraqi Prime Minister affirmed the commitment to the sovereignty of safe and free navigation of water and international waterways , including in the Gulf, the Strait of Hormuz and the Sea of Oman in accordance with international law and conventions .