Jordanian Company Wins Bid to Import Iraqi Fuel Oil

An Amman-based freight company has won a tender to transport 30,000 metric tons of fuel oil per month from Iraq to Jordan, the nation’s official news agency Petra said.

Bloomberg reports that the company is called ‘Mahmoud Al Zoubi for Transport‘, and that it will charge 37.3 Jordanian dinars ($52.65) per ton, which was the lowest price offered in the tender.

The fuel will be used to generate electricity at the Aqaba Thermal Power Station in the south of Jordan.

Iraq agreed in June to increase daily oil exports to Jordan to 15,000 barrels from 10,000 barrels and supply its neighbour with 30,000 tons of heavy fuel, following attacks on the gas pipeline into Jordan from Egypt.

(Source: Bloomberg)

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