Tuesday, 17 September 2019 06:09 GMT
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Jordan- Energy minister, Iraqi oil minister discuss Basar-Aqaba... 1st, final add




(MENAFN - Jordan News Agency) Last Tuesday, Iraqi Prime Minister Adel Abdul-Mahdi announced the Council of Ministers approved the Iraqi-Jordanian oil pipeline project, stressing any impediment to the export of oil through the Strait of Hormuz will affect the Iraqi economy, which depends on oil imports, adding the Iraqi government is considering alternatives to find diverse routes to ensure the continuation of Iraqi oil exports in a swift manner.
For his part, Ghadhban said the Iraqi government approved the export of one million barrels of oil per day through the implementation of a pipeline project from oil fields in Rumaila in Basra to the port of Aqaba on the Red Sea.
On the other hand, the two ministers discussed the latest developments in supplying Jordan with about 10 thousand barrels of crude oil per day.
Zawati announced the necessary procedures to start the deliveries are in their final stages, and will begin before the end of July.
Iraq agreed last January to supply Jordan with 10 thousand barrels of oil per day of Kirkuk crude from the Baiji plant according to a price formula linked to Brent price, with transport costs deducted.
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11/07/2019 15:57:00

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Jordan- Energy minister, Iraqi oil minister discuss Basar-Aqaba... 1st, final add

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