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 […]
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 […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq-Jordan Oil Pipeline -- Financially Costly, Contractually Complex Since 1983 the Basra-Aqaba, or Iraq-Jordan, oil pipeline (IJOP) has been on and off the screen of the bilateral relation between the two countries. […]
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 […]
By John Lee. Iraq's Ministry of Oil has invited bids fto build the Iraq-Jordan oil pipeline. The first phase will be built on the Iraqi side, stretching 700 km from Rumaila to Haditha. This will have a capacity of 2.25 million barrels per day (bpd). This will be built on an engineering, procurement, construction and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is planning to build a new oil pipeline to Jordan which it is banking on to revive revenue sources, after years of war and instability. In addition to expanding refineries and oil […]
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 […]
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 […]
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 […]
By John Lee. Jordan has reportedly approved an agreement with Iraq to build a twin gas and oil pipeline between the two countries. The 1,680-km double pipeline will pump one million barrels of oil a day, and 258 million cubic feet of gas, from Basra to Aqaba. About 150,000 barrels of the oil from Iraq […]
A study by the Iraqi Government into a planned oil pipeline that would extend from Iraq to Jordan has revealed that the project will cost between 5 and 7 billion dollars. Jordanian press quoted energy minister Ibrahim Seif saying that a decision over the implementation of the project is expected from the Iraqi side soon. […]
Jordan and Iraq have signed minutes of a Jordanian-Iraqi joint committee meetings which entails boosting trade exchange and speeding up construction of the oil pipeline between the two countries. The protocols also encompassed encouraging Iraqi investors in Jordan and opening the border post of Turabil, the main crossing point between Jordan and Iraq, and identifying […]
