Iraq grants oil to Jordan
Iraq has granted Jordan 100,000 barrels of crude oil, after Amman increased the cost of fuel, leading to protests and taxi-shortages
Click here to add Abdul Karim Luaibi as an alert
Disable alert for Abdul Karim Luaibi,
Click here to add Ali Dabbagh as an alert
Disable alert for Ali Dabbagh,
Click here to add AMMAN as an alert
Disable alert for AMMAN,
Click here to add Baghdad as an alert
Disable alert for Baghdad,
Click here to add Iraqi Cabinet as an alert
Disable alert for Iraqi Cabinet,
Click here to add Iraqi government as an alert
Disable alert for Iraqi government,
Click here to add Samih Maaytah as an alert
Disable alert for Samih Maaytah,
Click here to add The Jordan Times as an alert
Disable alert for The Jordan Times
The Iraqi Cabinet on Tuesday decided to grant Jordan 100,000 barrels of crude oil, a gesture that was welcomed by the government in Amman.
Announcing the decision on Tuesday, Iraqi government spokesperson Ali Dabbagh said on his official website that the council of ministers in Baghdad had decided to give 100,000 barrels of crude oil to the Jordanian people.
Confirming the news, Government Spokesperson Samih Maaytah thanked the Iraqi government for the grant, which he said reflects the strong ties between the two neighbouring countries.
“We value the move, which comes at a time when Jordan is facing economic and energy difficulties,” Maaytah told The Jordan Times over the phone Tuesday.
According to official figures, Jordan’s oil needs per day are estimated to be around 100,000 barrels.
In September of this year, Jordan and Iraq agreed to construct a pipeline to supply the Kingdom with crude oil and natural gas.
Under the cooperation accord signed by Minister of Energy and Mineral Resources Alaa Batayneh and Iraqi Oil Minister Abdul Karim Luaibi, the two countries also agreed on exporting crude oil from Iraq through Jordan’s sole port, Aqaba.
- Nip, tuck: Dubai's grand plans for being a major player in medical tourism
- Zain, UNHCR, Facebook to bring free internet access to urban refugees in Jordan
- Yemen Central Bank headquarters to relocate from Sanaa to Aden
- IMF report details the crippling economic effects of conflict in MENA
- Start Up Lebanon entrepreneurs head to Silicon Valley Roadshow