Jordan’s Energy Minister, Hala Zawati, has finalized procedures to resume Iraqi oil exports to Jordan after Iraq stopped exporting after oil prices dropped to less than $20 per barrel.

Iraqi oil exports decreased to 3.428 million barrels per day (mmb/d) in December in comparison of 3.5 mmb/d in the previous month

Egypt, Jordan, and Iraq held talks in Cairo on the development of the Basra-Aqaba oil pipeline project seeking to revive the 2015 trilateral Memorandum of Understanding.