Parliamentary interpellation on oil derivatives prices

Fuel
(Photo: Jordan News)
AMMAN — Deputy Khaled Al-Shloul decided to change his question to the government about the prices of oil derivatives and the difference of fuel prices on the electric bill to an interpellation request, according to Amman Net.اضافة اعلان

The request came after Shloul was not satisfied with the answer of Minister of Energy and Mineral Resources Saleh Al-Kharabsheh.

Kharabsheh said that Jordan buys oil from Iraq at a discount of $16 less than the global price per barrel, not that it purchases oil at the price of $16 a barrel.

He added that the oil Jordan buys from Iraq carries additional costs, which are $0.075 in inspection fees and $6.90 in refining costs due to the quality variance (of which $3.50 is taken for transportation costs for the oil exchange that the refinery receives from Yanbu,) in addition to $6.86 transportation costs from Iraq to the refinery.

Kharabsheh indicated that the price difference that remains from the $16 discount is only $5.60, and that the real return on total annual import is calculated at about $20 million, and the revenue goes to the Treasury.


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