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June 29 2022 5:07 PM ˚
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Jordan imports 300,000 barrels of Iraqi crude oil in January

2. Jordan's imports of Iraqi oil rise 27% FM
(Photo: Jordan News)
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AMMAN — Jordan imported more than 1.5 million barrels of Iraqi crude oil between September 2021 and January this year, an average of about 9,800 barrels every day, according to Assistant Secretary-General of the Ministry of Energy Hassan Hiyari.اضافة اعلان

More than 5,800 Iraqi and Jordanian tankers were used to move the oil from Al-Siniya station, in Iraq, to the refinery in Zarqa, according to Ammon News.

Hiyari said on Sunday that Jordan imported 309,962 barrels of Iraqi oil in January alone, an average of 9,999 barrels per day.

He said that the quantities agreed upon with Iraq cover 7 percent of the Kingdom’s needs, adding that the import of Iraqi crude oil comes in implementation of the memorandum of understanding signed by the Jordanian and Iraqi governments on January 28, 2021, whereby Jordan buys no more than 10,000 barrels of Iraqi crude oil (Kirkuk crude oil) a day.

Hiyari said that Iraqi crude oil is sold to Jordan on the basis of the monthly Brent crude oil rate, minus $16 per barrel in order for Jordan to cover the difference in quality and transportation fees.

The price per barrel of Brent crude stood at $ 94.44 on Sunday, according to Bloomberg.

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