AMMAN — The total amount of oil
Jordan imported from Iraq in March increased to reach 309,000 barrels at a rate
of 10,000 barrels per day, compared to 280,000 barrels in February, Khaberni
reported.
اضافة اعلان
According to data from the Iraqi State
Organization for Marketing of Oil (SOMO) the initial weighted rate for the
selling price to the Kingdom stood at about $62.5 per barrel.
Oil trade memoJordan imports Iraqi crude oil under a
memorandum of understanding signed between Iraq and Jordan, which has been in
force since September 2021.
According to this memorandum, Iraqi crude
oil is transported from the Modern Kirkuk warehouse in Iraq to the Jordanian
Petroleum Refinery Company in Zarqa via tankers.
Iraq's continued oil supply agreement with
Jordan aids in increasing the value of trade between the two countries.
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