Iraq to Increase Oil Exports to Jordan by 50%

Iraq has agreed to increase oil exports to Jordan by 50%, according to AKnews.

The Iraqi Oil Ministry has signed the agreement with its Jordanian counterpart today to increase oil exports from the Baiji [Bayji, Beiji] refinery (pictured) from 10,000 barrels per day (bpd) to 15,000 bpd.

Falah al-Ameri, director of the State Oil Marketing Organization (SOMO), told the news agency that the agreement also includes an additional 30,000 tonnes of heavy fuel at a promotional price of $88 per ton.

Iraq and Jordan signed an agreement in 2008 whereby Iraq would provide 10,000 bpd to Jordan.

(Source: AKnews)

One Response to Iraq to Increase Oil Exports to Jordan by 50%

  1. Iraq Slashes Oil Exports to Jordan February 28, 2012 at 6:17 am #

    […] agreement from 2008 specifies exports of 10,000 bpd, while an August 2011 agreement to increase to 15,000 bpd was described as not feasible “due to technical and administrative […]

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  1. Iraq Slashes Oil Exports to Jordan - February 28, 2012

    […] agreement from 2008 specifies exports of 10,000 bpd, while an August 2011 agreement to increase to 15,000 bpd was described as not feasible “due to technical and administrative […]