Jordan imports 405,000 barrels of Iraqi crude in October

AMMAN — Jordan imported about 405,550 barrels of crude oil from Iraq in October, an average of 13,000 barrels per day, Minister of Energy and Mineral Resources Saleh Kharabsheh said Tuesday, according to the Jordan News Agency, Petra.اضافة اعلان

He said in a press statement that the Kingdom imported roughly 3 million barrels of Iraqi crude from September 2021 to October 2022, by 11,565 Jordanian and Iraqi tankers.

Under a signed agreement, Jordan imports 10,000 barrels per day of crude from the Kirkuk oil fields, in northern Iraq, which accounts for approximately 7 percent of its market’s daily demand.

Iraq sells crude oil to the Kingdom at a discount rate of $16 per barrel, from the average price of Brent crude, to account for transport costs, inspection fees, and quality differences.

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