Iraq, Iran Sign Oil-Pipeline Deal

Iraqi Oil Minister Husayn al-Shahristani (file photo) (epa)
August 11, 2007 -- Iran's state-controlled media report that Iran and Iraq have signed an agreement on building an oil pipeline between the two countries.

The Iran news network reported that the pipeline would carry oil from Iraqi oil fields to refineries in Iran.

It said the deal was signed in Tehran on August 10 by Iraqi Oil Minister Husayn al-Shahristani and his Iranian counterpart, Kazem Vaziri-Hamaneh.

It was unclear who would finance the project or when it would be constructed.

(AFP)