The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
The Chairman of Anbar Province’s Council has called on the Iraqi government on Saturday to invest in al-Risha oil field with, shared between Iraq and Jordan, and to lay down clear steps to exploit the field. “We call on the Iraqi government and the Oil Ministry to expoit al-Risha Oil Field on the Iraqi side […]
Iraqi State Minister, Ali al-Dabbagh, said Iraq agreed to build pipelines across its shared border with Jordan to increase supplies of oil to its western neighbour, according to a report from Bloomberg. The countries also agreed to discuss development of the Risha natural-gas field along their common border, the minister told a news conference in […]
"A tanker truck that unloaded the oil it was carrying from Iraq in the special zone located in 'no-man's land' on the border between Iraq and Jordan caught fire due to an explosion, causing a fire that affected 19 other trucks," a Jordanian security official told AFP. Police report that two people were killed, between […]
The Iraqi Oil Ministry said on Friday that Iraq's oil exports to Jordan have reached a post-invasion peak of 12,000 barrels per day. Assem Jihad, the ministry spokesman, told AKnews that the Oil Ministry is seeking to increase its oil trade with Jordan in line with the size and economic importance of Amman in the […]
The deputy chairman of Basra's local council, Ahmad al-Sulieti, met representatives of the Jordanian al-Barq company to discuss the possibility implementing projects in the energy sector, according to a statement of his office reported by Aswat al-Iraq. (Source: Aswat al-Iraq)
Iraq wants to sell five decrepit Iraqi Airways planes stranded in Jordan since Saddam Hussein's 1990 invasion of Kuwait, BusinessWeek reported on Tuesday. Fearing strikes on Baghdad's airport, Saddam sent the planes to Jordan for protection when it became clear a U.S.-led coalition would attack Iraq to force it to relinquish Kuwait. Aqeel Hadi Kawthar, […]
Jordan is hoping to triple oil imports from neighbouring Iraq to help meet domestic demand, the Jordanian energy minister, Khalid Irani, has said. The country currently imports almost all of its energy needs, and has asked Iraq to increase supplies of crude transported by truck from the current level of 10,000 barrels a day to […]
Iraq exported around 320,000 barrels of oil to Jordan during August 2010, according to Aswat al-Iraq. “The transportation process by trucks is going very well,” a source told the news agency on Thursday. He referred to a high-level of coordination between Iraq and Jordan to facilitate the oil transportation process. (Source: Aswat al-Iraq)
Jordan’s Minister for Industry and Trade, Amer al-Hadidi, led a business and investment delegation to the Kurdistan Region following the recent visit of President Masoud Barzani to Jordan. The delegation met President Barzani, Kurdistan Regional Government (KRG) Prime Minister Barham Salih, and several ministers while participating in a joint business forum at Erbil Convention Centre. […]
Although Jordan could be Iraq's number one economic partner, this potential remains unfulfilled as the Kingdom's public and private sectors are not taking advantage of the "excellent ties" between the two countries, Iraqi Ambassador to Jordan, Saad Hayyani has said, according to a report in Jordan Times. He said that Jordan's extensive experience in the […]
Investors from Arab countries have led other foreign investors in the Kurdistan Region in the last two years with nearly $2.7 billion (3.2 trillion Iraqi dinars) of investment in various sectors of the Region’s economy, a senior official of the Kurdistan Investment Board (KIB) told AKnews. “Four Arab countries -- Kuwait, Lebanon, Egypt and Jordan […]
"The Iraqi government has sent a delegation of economic experts to Amman to discuss development of the Free Zone between Iraq and Jordan," an adviser in the Iraqi government said on Tuesday. The team aims to develop economic relations between the two countries, especially in terms of trade, he said. "The relationship between Iraq and […]
