The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
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 […]
By John Lee. Zagrosjet has added a further destination from its base at Erbil in Iraq. On Monday the airline launched thrice-weekly flights to Amman in Jordan using its Airbus A321. Competition on the route is provided by Royal Jordanian, with nine weekly flights, Iraqi Airways with three, and Royal Falcon with two. (Source: anna.aero)
By John Lee. The Wall Street Journal and Reuters report that Iraq has shortlisted 12 international companies to build the new $18-billion oil export pipeline to Jordan, the country's first such pipeline in decades. Iraq's oil ministry has chosen these companies from a list of more than 80 international firms which submitted their credentials to build […]
By John Lee. The Royal Jordanian Air Academy in Amman, Jordan, has won a firm-fixed-price contract valued at $12,789,935 for English language and technical training to Iraqi Air Force students. Training will be at the Royal Jordanian Air Academy, and is expected to be completed by Aug. 8, 2014. (Source: U.S. Department of Defense)
By John Lee. Forty companies are reported to be bidding for contracts to build and finance the new pipeline from Haditha to Jordan’s Red Sea port of Aqaba (pictured). Nateq Balasem Khalaf, deputy director general of the state State Company for Oil Projects (SCOP), told Bloomberg that Citibank is among the bidders, adding that other […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An official from the Anbar province, which is located about 100 kilometers (62 miles) west of the Iraqi capital, said that the central government in Baghdad is trying to punish the […]
By John Lee. Iraq has re-opened its border crossing point with Jordan on Monday, the state-run Petra news agency reported. Jordan's Ministry of Transport said that the movement of people and goods through the Traibil [Turaybeel, Tirbil, Tarbiel, Trebil] border post (pictured) had returned to normal. Iraqi authorities closed the border for security reasons in […]
By John Lee. Iraqi authorities took a decision on Monday to allow 140 Jordanian trucks to enter through the Traibil [Turaybeel, Tirbil, Tarbiel, Trebil] border crossing, according to Jordan's ambassador to Iraq, Mohammad Al Quraan. Jordanian government news agency Petra reports that the decision came following continuous efforts by the Jordanian government, through its embassy in […]
By John Lee. Iraq has closed its Traibil [Turaybeel, Tirbil, Tarbiel, Trebil] border crossing with Jordan "until further notice", due to the ongoing anti-government protests and the deterioration in security in Anbar province, a provincial police source told Xinhua. The closure is expected to negatively affect commercial traffic between Iraq and Jordan which has been […]
By John Lee. Commenting in Oilprice.com on the newly-announced, $18-billion pipeline from Iraq to Jordan, John C.K. Daly says that while it is easy to understand the appeal of such a project in energy-starved Jordan, the geopolitical issues remain significant and seemingly unresolved. The 1,043 mile-long dual pipeline would be capable of transporting one million barrels of […]
Lebanon's Daily Star reports that deteriorating security in Syria is forcing Lebanese truck drivers to abandon the Damascus road and re-route through Iraq before entering Jordan. Until recently, the Syrian army accompanied convoys from the Masnaa crossing through Damascus before heading south to Jordan, but for the past two months this has proved impossible. Chafik […]
