The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
Iraq's crude oil exports to Jordan have dropped from 10,000 barrels per day to 6,000 bpd, reports Aknews. An 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 issues". Sixty percent of Iraq's oil exports go […]
Bloomberg reports that BP will start drilling exploratory wells at the Risha natural gas deposit in Jordan, near the border with Iraq, in the coming weeks. Jordanian Energy Ministry spokesman Fayez Abu Gaoud told the agency, “if it is proven that the volume of gas in the field is feasible for commercial purposes, the development […]
The Iraqi housing and rehabilitation minister, Mr Mohammad Darraji, has urged Jordanian construction firms and contractors to enter Iraq, reports Steel Guru. Jordanians have a real opportunity to contribute to Iraq's huge rebuilding projects, for which the government has allocated $40 billion in 2012, he said. Mr Darraji made the remarks during a meeting with […]
A Jordanian delegation will visit Iraq next week to discuss the possibility of opening new markets for Jordanian fruits and vegetables in Iraq, according to a Jordanian Ministry of Agriculture statement. The Jordan Times reports that members of the delegation, which will be headed by the ministry’s secretary general, Radi Tarawneh, will meet with Iraqi […]
The Jordanian news agency Petra, citing Jordan’s Transport Ministry, reports that Iraq has agreed to allow Jordanian trucks to transit its territory to Turkey and Europe. Iraqi authorities said they will open a route for Jordanian trucks to Turkey within a month after putting in place customs and security procedures. (Source: Bloomberg)
A railway connecting Syria and Iraq will begin operations next year, according to a report from Kuwait’s KUNA news agency. In addition, a direct line connecting Syria’s eastern Deir Al-Zor-Al-Bukamal station to Iraq has been completed, the director general of the Syrian rail company has said. “The rail link is a direct line that will […]
Jordan and Iraq agreed on Saturday to ease regulations at Iraqi border posts to facilitate the transport of goods, according to a report from Petra. A joint committee tasked with easing transport and trade also emphasised the importance of a rail link between the two neighbours and to carry out a memo of understanding signed […]
The Kurdistan Regional Government's Minister of Trade, Sinan Chalaby [Chalabi], told AKnews that the number of Jordanian companies in Iraqi Kurdistan is expected to double by the end of the year. Currently 50 Jordanian companies do business in the Kuristan Region. According to Chalabi, this figure is expected to increase to 100 by the end […]
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 […]
An Amman-based freight company has won a tender to transport 30,000 metric tons of fuel oil per month from Iraq to Jordan, the nation’s official news agency Petra said. Bloomberg reports that the company is called 'Mahmoud Al Zoubi for Transport', and that it will charge 37.3 Jordanian dinars ($52.65) per ton, which was the […]
A Jordanian transport company said on Sunday that it won the 'technical side' of a bid to transport 10,000 tons of fuel oil from Iraq to Jordan every day, within an agreement signed between the neighbouring countrries in 2006, according to the KUNA news agency. Abdussalam Al-Theyabat, owner of the Theyabat Transport and Trading corporation, […]
Jordan's official news agency, Petra, reports that drilling will start at the Risha natural-gas deposit straddling the country’s border with Iraq by the end of the year. Citing Energy Minister Khalid Touqan, the agency says work will start at the first of two wells to be initially drilled at a depth of between 3 kilometers […]
