Jordan, Iraq stress oil pipeline still on track despite financial 'mishap'
Transport Minister Lina Shbeeb and her Iraqi counterpart Hadi Al Amiri on Saturday weathered the liquidation of the Iraqi Jordanian Land Transport Company with a determination to boost economic and commercial integration in various fields.
Land transport activity is continuing at 80,000 trucks per year, Shbeeb indicated at a press conference. The company’s general assembly meetings were set to discuss difficulties facing the liquidation committee in selling remaining assets of land, used trucks and different spare parts.
The Iraqi official noted that Iraq’s council of ministers has recently approved extending an oil pipeline to Aqaba, stressing that Iraq is looking into all means that can boost joint cooperation with Jordan.
Shbeeb said coordination is continuing on a railway project, noting that a Chinese company expressed interest in getting acquainted with the studies on the project feasibility in order to finance it.
On Saturday, Prime Minister Abdullah Ensour received Al Amiri and stressed the importance of following up on the agreements reached during the meetings of the Joint Jordanian-Iraqi Higher Committee, which convened in Baghdad recently. The minister officially informed Ensour of the Iraqi Cabinet’s approval of extending an oil pipeline between Iraq and Jordan.
- Oman’s Duqm tourist complex moves forward with government approval
- Kuwait fights budget deficit: Reexamining government salaries, expatriate labor
- Tunisian Confederation of Industry, Trade, and Handicrafts fights nationwide unemployment levels
- Construction costs fall in Dubai
- Western tourists flock to Iran, could generate $30B in new revenue
- All quiet on the Jordan front: Jordan’s economy weathers regional unrest, on track with growth
- Iraqi-Jordanian Land Transport Company to resume fleet
- 35 companies interested in Jordan-Iraq pipeline tender
- Jordanian ministers study oil cooperation with Iraq
- ‘Unstable’ gas supplies highlight potential energy crisis in Jordan