The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
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 […]
Jordan's Prime Minister, Marouf Bakhit, said that Iraq has agreed to increase the volume of daily oil supply to Jordan from 10,000 barrels to 15,000 barrels, with plans to increase the quantity to 30,000 barrels a day eventually. The two countries have agreed in principle to a planned crude oil pipeline stretching between the neighboring […]
Iraq and Jordan have signed a Memorandum of Understanding for a rail line linking the Jordanian Red Sea port of Aqaba with the Iraqi capital of Baghdad, The Jordanian news agency Petra reports that the MoU was signed in Amman on Sunday by Jordanian Transport Minister Muhannad Qudah and his Iraqi counterpart Hadi al Ameri. […]
Bloomberg reports that Iraqi Airways will appeal a court order to freeze its bank accounts in Jordan following a lawsuit by Kuwait Airways. Karim al-Nuri, a spokesman for the Iraqi Minister of Transport, told the news agency: “We are preparing to appeal the Jordanian court order. Our appeal is based on the fact that Iraqi […]
The planned single-track rail link between Iraq and Jordan will boast an annual cargo capacity of 6 million tons, an Iraqi Transport Ministry spokesman said on Sunday. Jawad al Kharsan told AKnews that initial technical and economic feasibility studies into the rail project had been conducted by both countries. He explained that talks between a […]
The railway between Baghdad and Aqaba, Jordan, got one step closer to realization on Wednesday, with the signing of a preliminary agreement between the governments of the two countries, the Iraqi Transport Ministry announced. The project, which the ministry hopes will strengthen commercial ties with Jordan, involves the construction of a 150 km connecting spur. […]
Iraq has received an official request from Jordan to raise oil supplies to 30,000 barrels a day after Egyptian gas stopped flowing to the kingdom when a Sinai pipeline was attacked, AFP has reported. "I have sent a letter to the Iraqi oil minister and asked to increase the oil supplies from 10,000 barrels a […]
Jordan’s Ambassador to Iraq Mohammad Taisir Masadeh last week met President Masoud Barzani, Prime Minister Barham Salih and ministers in Erbil to assess the latest developments and pave the way for a Jordanian consulate to open soon in the Kurdish capital. President Barzani and Ambassador Taisir discussed strengthening cooperation and coordination between the Kurdistan Regional […]
Dr. Abdulmalek Al-Jaber, CEO of Zain Jordan, part of Kuwait's Zain Group, has announced the full hook-up of its network to neighbouring Iraq via an optical fibre cable, Kuna has reported. The Jordanian network has been linked to the Iraqi network using an optical fiber cable that continues to Baghdad, he said. "The hook-up enables […]
Asim Jihad, a spokesman for the Iraqi Oil Ministry, said the Iraqi government has demanded Jordan pay back a credit of $114m for purchasing Iraqi crude oil during 2003-6, adding Jordan has demanded to increase Iraqi crude oil import to 30,000 barrels per day (bpd). According to the report from AKnews, during the period from […]
With unrest in several Arab cities, many in the region are worried about the risk of contagion. The latest flashpoints are Egypt, Tunisia, Yemen, Jordan and Algeria; but is Iraq vulnerable as well? The people certainly have a lot to complain about. Electricity The heat and increased use of air conditioning put a major strain […]
