Iraqi oil exports to Jordan resume next week — source

(Photo: Jordan News)
AMMAN — Iraq is expected to resume exports of oil to Jordan next week, according to Khaberni news.

Data from Iraq’s State Oil Marketing Organization (SOMO) shows that “no quantity of Iraqi oil was exported to Jordan during the month of February.” That month, Iraq exported a total of 90,214,828 barrels of oil from central and southern oilfields, and 1,475,245 barrels from Kirkuk to the port of Ceyhan, according to Iraqi oil ministry statistics.اضافة اعلان

A source in Jordan’s Ministry of Energy and Mineral Resources said that the halt in exports came because some clauses in the Iraqi-Jordanian memorandum of understanding had expired, Khaberni reported.

The source anticipated that trucks will resume carrying oil to Jordan by next week, with the resolution of some logistical matters, and affirmed that the Iraqi side has agreed to compensate Jordan for the days when oil was not being exported, at a rate of 10,000 barrels per day.

The current memorandum of understanding was signed on January 28, 2021 and took force last September. Under the agreement, Jordan is supposed to buy 10,000 barrels a day of Kirkuk crude oil.

Jordan is also supposed to provide tankers to transport crude oil from the Iraqi region of Baiji to the Jordanian refinery in Zarqa under the terms of the agreement.

Saleh Al-Kharabsheh, Jordan’s minister of energy and mineral resources, announced earlier that the Iraqi government has approved a pipeline extension to transport oil from the Iraqi port of Basra to Aqaba.

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