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Font Size:04/10/2013 (23:01 pm) - The number of readings: 40 - Issue (2772)
Signed a deal to transport oil and gas between Iraq and Jordan
Khaliq Ali's translation
An Iraqi official said: Amman and Baghdad signed a deal to extend the pipeline at a cost of $ 18 billion to the port of Aqaba on the Red Sea for the export of crude oil and processing Jordan in oil and gas. And said Nihad Moses - Director National Company for Oil Projects - News Agency Petra Jordan in Amman: "The two countries signed an agreement to build a pipeline along the 1,700 km from Basra to Aqaba. Has decided to implement designs and technical studies - currently being undertaken by one of the Canadian companies - the end of the year Current ". And added to Moses, saying that Iraq is serious in implementing the project because of its importance to both countries.
Under the deal, which is expected to begin in 2017, will get Jordan to 850 thousand barrels of oil in addition to the 100 million cubic meters (3.53 billion cubic feet) of gas per day. Jordan depends to meet 95% of its energy needs on imports. And may cause high fuel prices by 53% the exit of violent protests in which three people were killed and more than 70 wounded. For his part, hoped Iraq, which includes the third largest oil reserves in the region after Saudi Arabia and Iran at a rate of 115 billion barrels, that this step will lead to increase and diversify exports. Jordan currently imports 10 thousand barrels of Iraqi oil per day at less than the value of the global market, and has recently agreed to increase the volume of imports to 15 thousand barrels. Iraq was under the rule of the former regime, equipped Jordan oil at preferential prices by the United Nations (oil-for-food).
: The Daily Star
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Signed a deal to transport oil and gas between Iraq and Jordan
Khaliq Ali's translation
An Iraqi official said: Amman and Baghdad signed a deal to extend the pipeline at a cost of $ 18 billion to the port of Aqaba on the Red Sea for the export of crude oil and processing Jordan in oil and gas. And said Nihad Moses - Director National Company for Oil Projects - News Agency Petra Jordan in Amman: "The two countries signed an agreement to build a pipeline along the 1,700 km from Basra to Aqaba. Has decided to implement designs and technical studies - currently being undertaken by one of the Canadian companies - the end of the year Current ". And added to Moses, saying that Iraq is serious in implementing the project because of its importance to both countries.
Under the deal, which is expected to begin in 2017, will get Jordan to 850 thousand barrels of oil in addition to the 100 million cubic meters (3.53 billion cubic feet) of gas per day. Jordan depends to meet 95% of its energy needs on imports. And may cause high fuel prices by 53% the exit of violent protests in which three people were killed and more than 70 wounded. For his part, hoped Iraq, which includes the third largest oil reserves in the region after Saudi Arabia and Iran at a rate of 115 billion barrels, that this step will lead to increase and diversify exports. Jordan currently imports 10 thousand barrels of Iraqi oil per day at less than the value of the global market, and has recently agreed to increase the volume of imports to 15 thousand barrels. Iraq was under the rule of the former regime, equipped Jordan oil at preferential prices by the United Nations (oil-for-food).
: The Daily Star
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