AMMAN — Iraq is expected to resume exports of oil to
Jordan next week, according to Khaberni news.
Data from
Iraq’s State Oil Marketing Organization (SOMO) shows that “no quantity of Iraqi oil was exported to Jordan during the
month of February.” That month, Iraq exported a total of 90,214,828 barrels of
oil from central and southern oilfields, and 1,475,245 barrels from Kirkuk to
the port of Ceyhan, according to Iraqi oil ministry statistics.
اضافة اعلان
A source in
Jordan’s Ministry of Energy and Mineral Resources said that the halt in exports came because some clauses in the
Iraqi-Jordanian memorandum of understanding had expired, Khaberni reported.
The source anticipated that trucks will resume
carrying oil to Jordan by next week, with the resolution of some logistical
matters, and affirmed that the Iraqi side has agreed to compensate Jordan for
the days when oil was not being exported, at a rate of 10,000 barrels per day.
The current memorandum of understanding was signed
on January 28, 2021 and took force last September. Under the agreement, Jordan
is supposed to buy 10,000 barrels a day of
Kirkuk crude oil.
Jordan is also supposed to provide tankers to
transport crude oil from the Iraqi region of Baiji to the Jordanian refinery in
Zarqa under the terms of the agreement.
Saleh Al-Kharabsheh, Jordan’s minister of energy and mineral resources, announced
earlier that the Iraqi government has approved a pipeline extension to transport
oil from the Iraqi port of Basra to Aqaba.
Read more Business