The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By John Lee. Jordan's Minister of Energy and Mineral Resources, Dr. Saleh Al-Kharabsheh, announced that from May 4, 2023, to June 30, 2024, Jordan imported approximately 5 million barrels of Iraqi oil. The oil was transported by Iraqi and Jordanian tankers from Kirkuk to the Jordan Petroleum Refinery in Zarqa (pictured). This import is part […]
By John Lee. The Amman Chamber of Industry (ACI)'s exports to Iraq climbed by 9 percent in the first half of 2024. Total exports to Iraq were 440 million Jordanian dinars [USD 621 million], up from 403 million JD for the same period in 2023. This put Iraq in fourth place, behind India, the United […]
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, discussed cooperation mechanisms with a French company that submitted a proposal for a joint economic city [free zone] between Iraq and Jordan. The discussion was based on inquiries and comments from the Iraqi-Jordanian Company for Industry, which is responsible for reviewing the […]
By John Lee. Jordan's Ministry of Energy and Mineral Resources has announced that Iraq has approved a three-month extension of the Memorandum of Understanding (MoU) for supplying oil to Jordan, under the same contractual terms and price. The Director of Jordan's Oil and Natural Gas Directorate, Engineer Iman Awad, stated that Jordan has completed all […]
By John Lee. Representatives from the Jordanian company Eco Consult, including General Manager Dr. Raed Dawood and consultant Dr. Khadija Al-Jabri, have held a meeting with the Technical Undersecretary of Iraq's Ministry of Water Resources, Engineer Hussein Abdul Amir Bakka. The meeting focused on what was describesd as "water diplomacy" and its impact on the […]
From the United Nations Office for Disaster Risk Reduction (UNDRR): UN Agencies Launch Joint Programme to Support Iraq, Jordan, and Lebanon in Climate Change Response The International Organization for Migration (IOM), the World Health Organization (WHO) and the United Nations Office for Disaster Risk Reduction (UNDRR) have launched a joint programme to support the health […]
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, arrived at the Iraqi-Jordanian border on Saturday morning to inaugurate the first phase of the Iraqi-Jordanian electrical interconnection project. This interconnection will provide between 40 to 50 megawatts of power to benefit the Rawa district, which has been deprived of electricity for over 10 years […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has held a meeting with a delegation from the banking sector, including Jordan Kuwait Bank and the Bank of Baghdad. According to a statement from the KRG, the meeting focused on potential collaborations and projects to enhance the banking infrastructure and spur economic […]
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Two Tough Scenarios for U.S.-Iraq Relations Washington's ever-narrowing Iraq policy has left it with unpalatable choices, but muddling through is a better short-term option than […]
By John Lee. Judge Haider Hanoun, head of the Federal Integrity Commission in Iraq, called on all countries, especially those parties to the United Nations and Arab anti-corruption agreements, to unite, cooperate, and combine efforts to mitigate the danger of corruption. He emphasized that corruption has become a phenomenon crossing national borders, and modern methods […]
By John Lee. Iraq's Commission of Integrity has ordered five years "severe imprisonment" for the former Director of Customs at the Trebil (Tarbiel, Trebil) border crossing (pictured) between Iraq and Jordan. The director was also required to pay back 78 billion dinars ($60 million) to the state treasury. The decision was made following an investigation […]
By John Lee. Jordan's state-run Petra News Agency has said that exports from Jordan to Iraq have surged in 2023. Citing data from the Amman Chamber of Industry (ACI), it says that Jordanian exports to Iraq amounted to JD875 million [$1.2 billion] in 2023, compared to JD714 million in the previous year. This represents an […]
