Iraq to Resume Crude Oil Imports to Jordan

Iraq to Resume Crude Oil Imports to Jordan
Oil industry well pumps, nodding donkey rig pumps crude oil up from the ground on an oil field in the desert. Bahrain, Middle East

Jordan announced that its Iraqi crude oil imports have resumed with 80,000 barrels being transported so far, Reuters reported.

Jordan had renewed an agreement with Iraq for another year to resume crude oil at a discounted price and under preferential terms. Under this deal, Iraq will export 10,000 barrels of its crude oil per day to Jordan, which equates 7% of the nation’s needs, according to a statement from Jordan’s energy ministry.





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