Iraq starts to supply Jordan with 10,000 oil barrels within 2 weeks
2019-05-03 00:00:00 - Source: Baghdad Post
Jordan's Ministry of Energy and Mineral Resources announced
the transfer of crude oil from Iraq's Baiji to the oil refinery in Jordan's al-Zarqa,
which weighs a half million ton.
The transference process is set to start within two
weeks, according to the ministry.
Minister
Hala Zawati said in a press statement that the announcement comes as part of
the memorandum of understanding for processing of crude oil, signed between the
government of the Jordan and Iraq in February.
According
to the memorandum, Jordan would buy Iraqi crude oil from Kirkuk, to meet part
of its annual needs, with maximum of 10,000 barrels per day. This constitutes
7% of the needs of the Kingdom.