Iraq to resume oil exports to Jordan | Business | Ammon News

Iraq to resume oil exports to Jordan

[7/16/2020 12:38:53 PM]

AMMONNEWS - Minister of Energy and Mineral Resources Hala Zawati on Thursday announced that Iraq will resume pumping oil to the Kingdom after completing the logistical procedures.

In a press statement, Zawati said that the two sides agreed last week to resume export of Iraqi oil to the Zarqa-based Jordan Petroleum Refinery Company, stressing the importance of the move in boosting bilateral cooperation in the field of energy.

In the wake of the COVID-19 pandemic, the minister stated that Iraqi tanker trucks are unloaded on the borders (back-to-back), in line with government procedures to slow the spread of the virus.

Under a memorandum of understanding signed in February 2019, Jordan purchases Iraqi oil at an average of 10,000 barrels a day, constituting 7 percent of the Kingdom's needs.

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