Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Iraq to export million barrels of oil per day through Jordan

28-03-2019 09:51 AM


Ammon News - AMMONNEWS - Iraq on Thursday announced the completion of technical preparations to extend a pipeline to export 1 million barrel of oil per day through Jordan.

In a press statement, Iraqi Oil Minister, Thamir al-Ghadhban, voiced hope that Iraq will export one million barrels of oil per day through this pipeline.

Iraq, he added, has completed arrangements for means of extending the pipeline to Jordan, which include its track, components, absorptive capacity and the mechanisms of linking it to the northern Kirkuk oil fields.

"The arrangements also include funding, implementation and available operation means, along with many other options," he added.

The minister stressed that Iraq depends now on the southern port city of Basra for oil exports, noting that the Ministry of Oil has prepared a major plan for its rehabilitation and development to increase its export capacity to levels that have never been reached.

He pointed out that Iraq's new plan is to have three points for exporting crude oil that are connected to each other.

Iraq and Jordan have recently concluded six bilateral agreements to develop relations, most notably in oil and energy, aimed at revitalizing their economy and strengthening ties between the two countries.




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :