Iraq, Jordan Agree on Basra-Aqaba Oil Pipeline

Published February 7th, 2018 - 09:02 GMT
In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion. (Shutterstock)
In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion. (Shutterstock)

Jordan has given the green light for the construction of a pipeline that would bring oil from Basra in southern Iraq to its port of Aqaba, a government spokesman said this week.

The project aims to export Iraqi oil with the pipeline passing through Jordan while supplying Jordan with some of its oil needs, the Jordan News Agency, Petra, reported.

Jordan relies on imports for about 98 percent of its energy needs. It currently consumes 134,000 barrels per day and imports most of its oil from Saudi Arabia.

In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion.

But plans for the pipeline were then put on hold after the Islamic State group in 2014 became in control of large parts of Iraq.

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