Tag Archives | Aqaba

Iraq debates New Oil Pipeline to Jordan

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. PM Kadhimi under fire as Iraq debates new oil pipeline to Jordan Since taking office in May 2020, Iraqi Prime Minister Mustafa Al-Kadhimi has placed the activation of an oil pipeline to Jordan […]

Iraq-Jordan Pipeline Decision Delayed Again

By John Lee. Iraq's oil ministry has said that future of the long-delayed oil export pipeline from Iraq to the Jordanian port of Aqaba will be decided by the next government. The country has still not formed a new government following parliamentary elections in October. At a press conference at the weekend, the Ministry of […]

Basra-Aqaba Pipeline may be extended into Egypt

By John Lee. Iraqi and Egyptian officials have discussed the possibility of extending the Basra-Aqaba pipeline to Egypt. The matter was discussed at a meeting on Wednesday between Iraq's Oil Minister Ihssan Abdul-Jabbar Ismail the Egyptian Ambassador to Iraq. A press release after the meeting said that extending the pipeline into Egypt would be "an […]

Sharp Increase in Container Traffic via Aqaba to Iraq

By John Lee. Aqaba Container Terminal (ACT) has reported that its strategy to promote Aqaba as a gateway to Iraq and the wider Levant has delivered "a sharp increase in containers to Iraq (up 367% compared to previous year), and thus contributed to the positive results recorded for the past few months". The Founder and […]

Iraq to Export 1m bpd Oil through Jordan

Iraq announced on Thursday the completion of the “technical preparations” to extend a pipeline to export one million barrels of oil per day through Jordan, Petra has reported. “The export capacity of the Basra-Aqaba pipeline, which runs through Jordan, is expected to reach one million barrels per day (bpd),” Iraqi oil minister, Thamir Al-Ghadhban, said […]

Aqaba offers "New Gateway" to Iraq

New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal (ACT), located on the Red Sea, is now a realistic alternative maritime gateway for Iraq-bound cargo, APM Terminals said in its press release. Containers imported into Iraq will no longer have to be trans-loaded onto […]

Iraq could transport 1m bpd via Aqaba

By John Lee. Iraq could transport up to a million barrels of oil per day through the Jordanian port of Aqaba (pictured), according to a report from The National. Ali Nazar Faeq Al Shatari, deputy director general for the State Oil Marketing Organization (SOMO) told The National: “That project is still in place and we’re […]

"Iraq's Energy Future Lies to the North"

By John Lee. A new report from the Washington Institute for Near East Policy says that Iraqi hydrocarbons "will either be exploited by Iran and its allies or used for Iraq's own benefit, transforming the country into an energy export hub between the Gulf states, Turkey, and Europe. The United States has a strong strategic […]

Oil Minister Signs MoU with Egypt

By John Lee. Iraqi Oil Minister Adel Abdel Mahdi [Adil Abd Al-Mahdi] visited Egypt and headed a delegation to attend the Tripartite Meeting of the oil Ministers of Iraq, Egypt and Jordan to complete the discussions about the oil and gas transportation pipeline. He signed a memorandum of understanding with the Egyptian minister of petroleum and […]