Iraq, Jordan discuss $250m oil pipeline project
A Jordanian delegation currently visiting Baghdad is discussing with Iraqi government officials a mechanism for the implementation of the projected oil pipeline extending from the Iraqi borders to the Jordan Petroleum Refinery Company, a distance of nearly 260km to transport the crude, according to Minister of Energy Wael Sabri.
The minister said that the estimated cost of the pipeline which will carry the crude to the refinery near Zarqa is $250 million. A report in Al Ra'i Arabic daily quoted the minister as saying that the delegation which is led by ministry secretary general, Ahmad Bashir, will also pave the way for negotiations over the cost of oil for the next year, a subject expected to be discussed by the middle of November, the minister pointed out.
( Jordan Times )
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