Friday, September 20, 2024

Baghdad

Iraq has exports 900,000 barrels of oil for Jordan over past 3 months

AMMAN / IraqiNews.com: Iraq has exported 900,000 barrels of oil for Jordan over the past three months, i.e. an average of 10,000 barrels per day (bpd), according to an agreement concluded between the two countries, according to a statement by the Director of the Jordanian Company in charge of Oil Transportation on Tuesday “The oil from Beiji Station in northern Iraq is being transported through the Iraqi-Jordanian borders by Iraqi tanker vehicles, that exceed 400, and they it’s transported by 100 Jordanian tanker vehicles to the Zarqa Petroleum Refinery, Nael Diab said, adding that Iraq had exported about 900,000 barrels of oil for Jordan over the past three months, i.e. an average of 10,000 bpd. “The time taking each trip depends on the speed of issuing Iraqi approvals for the distance between Beiji to the Iraqi-Jordanian borders exceeds 800 kms, and from the Jordanian borders to the emptying position in Zarqa, 100 kms, he said, adding that the “coordination process has been taking place according to their highest levels between the two sides, in order to facilitate the transportation mission Jordan and Iraq had signed an agreement for transportation of crude oil in 2006 for two years, due to the weakness of their implementation due to security reasons inside Iraqi territories, and then the percentage of decrease granted to Jordan was raised from 18 to 22 dollars per barrel, according to the last agreement, included in 2008, which extended the period of the agreement for 3 years, schedule to end next year The quantity of Iraqi crude oil transported to Jordan daily is 10,000 bpd, i.e. 10% of Jordan‘s need, reaching 100,000 bpd. SKH 51