The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By John Lee. Middle East Monitor reports that the unrest in Iraq costs Jordanian industries approximately $113 million per month. The Chairman of Jordan's Small and Medium Enterprises (SMEs) Association, Fathi Jaghbir, said exports to Iraq have "almost stopped", adding: "The unstable situation in Iraq has damaged a large industry in Jordan. Iraq is one of […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fear of getting caught up in violence and difficulty getting visas to Iraq are affecting businesses in Jordan.
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's neighbours tighten security as conflict in Iraq expands. Al Jazeera's Jane Arraf reports from Baghdad:
By John Lee. Iraq’s parliament fully supports a project to build an $18 billion pipeline to export crude oil from Basra to Jordan’s port city of Aqaba. Speaking to The Jordan Times, Adnan Al Janabi, chairman of the Iraqi parliament's energy committee said: “We are very supportive of this strategic project with Jordan, which will […]
By John Lee. A Jordanian economic delegation from the public and private sectors will visit Iraq later this month to discuss economic issues of concern to both Jordan and Iraq, Jordanian Minister of Industry, Trade and Supply, Hatem Halawani [Hatem Hafez Al-Halawani Al-Tamimi] (pictured), said. During a visit to three factories in Eastern Amman, the […]
Jordan and Iraq began a coordination meeting with international companies interested in constructing an oil pipeline between the Iraqi city of Basra and the port city of Aqaba in Jordan. Work on the project will begin soon, and once completed, it will be used to export crude Iraqi oil through the Aqaba port. The final […]
By John Lee. Oil exports from Iraq to Jordan have been halted due to deteriorating security in Anbar province, according to a report from Reuters. A spokesman for the Ministry of Oil said: "Due to security developments in Anbar and because the transfer of oil to Jordan is done by truck, which needs safe passage […]
The Oil and Energy Committee of the Iraqi parliament has decided to approve a government request to increase the discount on oil exports to Jordan from $18 per barrel to $20 per barrel. Iraq also supplies Jordan with natural gas, liquefied petroleum gas and heavy fuel, but according to a report from Azzaman, the quantities […]
By John Lee. Jordan and Iraq have agreed on executing an oil pipeline to export Iraqi oil through Jordan. KUNA reports that the agreement came after a high-ranking joint meeting attended by the energy ministers of the two countries. The pipeline will pump one million bpd of Iraqi crude to the Red Sea port of […]
By John Lee. Transport officials from Iraq, Egypt and Jordan recently held talks with a view to improving cooperation. Jordan's Petra news agency reports that the talks were held on the sidelines of the meetings of the General Assembly of the Arab Bridge Maritime Company, held recently in Cairo. Among the items discussed were a […]
A high-level Jordanian delegation headed by the Prime Minister of Jordan, Mr. Abdullah Alnusur, arrived on December 25th accompanied by eight ministers and a number of senior advisers. The delegation was received at the airport in Baghdad, by Foreign Minister Hoshyar Zebari and Minister of Youth and Sports. A formal reception took place at the […]
By John Lee. Aljazira Capital has raised its rating on Astra Industrial Group to overweight from neutral after the Saudi industrial conglomerate started a new steel millin Iraq. The Jeddah-based investment bank was initially expecting the melt shop of 450,000 metric tons/year of billet and mill of 300,000 mt/y of rebar to begin operations in […]
