Iraq Exports 200,000 boe to Jordan

Iraq Exports 200,000 boe to Jordan

Iraq exported around 204,000 barrels of oil equivalent (boe) to Jordan during September, according to Energy Minister Hala Zawati, the Jordan Times reported.

This came as per a memorandum of understanding (MoU) between the two countries, which stated that Jordan would receive 10,000 barrels of Iraqi crude oil daily, with a discount of $16 from the price of Brent Crude per barrel.

According to a ministry statement, “both sides are working hard to ensure efficient implementation of the memo.” However, oil exports continued during the first two days of October but stopped for two days due to the current situation in Iraq.

Zawati said that the shipments are resuming back to normal with the last delivery received on Saturday.

The MoU states that Iraqi oil should cover roughly 7% of Oman’s daily oil need, which are exported from Baiji in Iraq to the Jordan Petroleum Refinery Company.


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