AMMAN — Jordan imported nearly 300,000 barrels of crude
oil from neighboring Iraq in April 2022, according to data released by the
Iraqi oil marketing company SOMO, Al-Mamlaka TV reported.
اضافة اعلان
About 10,000
barrels were exported daily under an agreement between the two countries.
In March, Jordan
and Iraq agreed to reactivate a memorandum of understanding which was frozen a
month earlier. The memorandum stipulated the daily import of 10,000 barrels of
Iraqi crude from Kirkuk in northern Iraq delivered to the Jordan Petroleum
Refinery.
Under the
agreement, Jordan provides trucks to transfer the oil from the Iraqi refinery
of Beji to the
Jordan Petroleum Refinery in Zarqa. It was agreed that the
trucks come from both sides.
April’s average
selling price was $88.39 per barrel, bringing the total amount of Jordanian
imports of Iraqi oil during that month $26.5 million, excluding unspecified
additional costs.
The Jordanian-Iraqi crude agreement was signed in January
2021. It stipulates that Jordan can purchase up to 10,000 barrels of Kirkuk
crude oil, which covers some of its annual crude oil needs. The cost is based
on the monthly average of
Brent Crude Oil minus $16 per barrel, which covers
the quality difference and transportation fees.
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