JORDAN CABINET APPROVES IRAQ PIPELINE PROJECT IN PRINCIPLE
February 1st, 2018
THE JORDANIAN cabinet has approved in principle a deal between Jordan’s ministry of energy and mineral resources and Iraq’s oil ministry to build an oil and gas pipeline linking the main southern Iraq oilfields near Basra and Jordan’s port, Aqaba. The Jordanian ministry has said that the 1,680km pipeline could daily pump one million barrels of oil daily and 258 million cubic feet of gas to Jordan. As Jordan only needs 134,000 to 150,000 barrels-a-day, and already imports much of this from Saudi Arabia, the remainder (and probably more) would be exported, ...
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