Thursday, September 5, 2019

First Iraqi oil shipment to Jordan arrives

Amman/ Iraq TradeLink: The Jordanian energy ministry announced the arrival of the first Iraqi shipment of crude oil by trucks.

The supply was stopped for the last five year due to the control of ISIS organization on the western part of Iraq.

The shipment of 10.000 barrels daily was signed between the two countries last February.

Iraq opened the only border crossing between the two countries last February, which was closed since 2014.

Both countries signed in April, 2013 singed an agreement to build a 1700-km oil pipeline from southern Iraqi Basra to Jordanian Aqaba port with the cost of 18 billion dollars and the capacity of one million barrels a day.

Iraq is trying to expand its oil exports capacity with new vents.