Jordan and Iraq sign agreement to supply Jordan with Iraqi oil

Jordan

Published: 2019-02-02 12:24

Last Updated: 2019-02-02 13:54


Jordan and Iraq sign agreement to supply Jordan with Iraqi oil
Jordan and Iraq sign agreement to supply Jordan with Iraqi oil
Roya News Source

Jordanian Prime Minister Omar Razzaz and his Iraqi counterpart Adel Abdul-Mahdi will take part in the opening ceremony of the Tarbil Border Crossing between Jordan and Iraq on Saturday, west of Anbar province, after years of closure.

"The governor of Anbar province Ali Farhan al-Dulaimi and a number of members of the government and security leaders arrived at the border port of Tarbil with Jordan waiting for the arrival of Prime Minister Adel Abdul-Mahdi to reopen the port for the first time in years," he said.

During the opening ceremony, memorandums of understanding between the two countries will be signed on re-trade with Iraq, as well as other facilities for travelers and visa."

On Wednesday, the Iraqi government agreed to supply Jordan with 10 thousand barrels per day of Kirkuk crude oil according to a "price equation linked to the price of Brent crude minus transport costs and different specifications and will be transferred to the Zarqa refinery in Jordan.”

The media office of the Iraqi Prime Minister said that the next phase will see great economic openness to the regional and global environment. Within two days, an important agreement with Jordan will be implemented on the export of oil and the opening of the port of Trebil, and that it will provide thousands of jobs in the field of transport and services.

During the past few days, Baghdad witnessed intensive meetings with officials of the Jordanian and Iraqi governments, which resulted in the signing of memorandums of economic and financial agreements, in order to enhance trade exchange and ways to improve the transport situation between the two sides.

Among the agreements to be signed today is the Iraqi oil pipeline agreement linking the Iraqi city of Basra with Aqaba in southern Jordan.