Iraqi crude oil to reach Jordan for first time in five years
Christian Fernsby ▼ | September 1, 2019
Jordan will soon receive the first shipment of Iraqi crude oil since 2014, Jordan's Minister of Energy and Mineral Resources Hala Zawati said Saturday.Article continues below
Topics: IRAQ JORDAN OIL
Iraqi and Jordanian trucks are currently being laden with crude oil in Iraq's Kirkuk and will set off for Jordan on Sept. 1, the minister said in a statement, a copy of which was obtained by Xinhua.
The first shipment of 10,000 barrels of Iraqi oil will reach Jordan as of Tuesday, Zawati said.
The shipment will meet 7 percent of Jordan's daily needs, the minister said, while highlighting the importance of Jordan's energy cooperation with Iraq.
"This is the start of a new era in energy cooperation between the two countries," said Zawati.
An agreement between Jordan and Iraq was signed in February, under which Jordan will resume purchasing crude oil from Iraq.
In February, Jordan said it will receive Iraqi oil with a discount of 16 U.S. dollars from the price of Brent crude per barrel, to cover the difference of transport costs and deviations in specifications.
Iraqi crude oil supply to Jordan was halted in 2014 due to instability in Iraq. ■ What to read next
Strike action being taken by members of Unite, the UK’s leading union, employed by the charity Oxfam has been suspended after talks resulted in an improved pay offer being made.
Latest Southwest Airlines flight attendants reject contract their union negotiated with airline
Huawei to establish its first overseas factory in France
Hungarian hauliers threaten to block border with Ukraine
Slovak truckers to resume blockade of Vysne Nemecke-Uzhgorod border crossing to Ukrainian trucks
5.5 million euros frozen in anti-corruption investigations across Europe
Remains of another crew member from Osprey that crashs off Japan recovered
Hundreds of tons of dead fish washed up on beach in northern Japan
U.S.: Cold front bringing multiple hazards to east
Gold mine collapse in Venezuela kills dozen people
Serbia launches interconnector to gas pipeline in Bulgaria
Multinational corporations pay tax in EU from 1% to 67%
Highlights: December 4, 2023 - December 8, 2023
Slovenia: EIB commits €250 million for second rail track
U.S. drillers add oil and gas rigs to 626
Trending Now
Hungary, Serbia and Slovenia to start operating regional electricity market
Deal on AI law reached in EU
Argentina plans to privatize Parana-Paraguay Waterway
Mercosur signs free trade agreement with Singapore
China to lift tariffs on imports from Angola, Gambia, Democratic Republic of Congo, Madagascar, Mali, Mauritania
Today We Recommend Highlights
Bosch expects to cut 1,500 jobs at two German sites
Germany's Mabanaft buys Europe LPG supplier Westfa
Keppel partners AM Green to explore biogenic carbon based sustainable fuels opportunities in Asia and Middle East
Honeywell to buy Carrier's security business for $4.95bn
New gas, condensate reserves discovered in Pakistan
Boeing appoints Henok Teferra Shawl as managing director for Africa
Siemens Healthineers: Vivek Kanade new head for Middle East and Africa operations
Liquid Intelligent Technologies appoints Lerato Dipuo Phueginia Pule as CFO
PwC selects Mohamed Kande as next global chair
Billerud appoints Ivar Vatne as CEO
Lithuania's exports, imports plunge in January to October
North Macedonia's GDP grows 1.2% yoy in Q3
Japan revises Q3 economy contraction to 2.9 pct
South Korea logs current account surplus for sixth month in October
U.S. private sector adds 103,000 jobs in November
G-III Apparel Q3 sales decreased 1.0%
Brown-Forman Q2 sales increased 1%
Barnes and Noble Education Q2 sales increased by 0.3%
Ciena Q4 income $91.2 million
Delta Apparel Q4 sales $91.4 million
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
Indian government bans export of onions
Rosselkhoznadzor office in Moscow stopped sale of about 400 kg of sanctioned products
Russia: First batch of poultry meat sent from Lipetsk to Serbia
Lukashenko: Belarusian meat industry should not lose momentum
Overfishing in Mediterranean, Black Sea at lowest level in 10 years
Happy workforce is productive workforce, says study
LinkedIn can trigger feelings of imposter syndrome
Study suggests corporate culture thwarts efforts to hire innovative candidates
Workplace wellness policies could soften effects of workaholism
Customers willing to wait longer for delivery when they shop in store showroom
Commission fines ethanol producer Lantmännen €47.7 million over ethanol benchmarks cartel
Swiss bank Banque Pictet admits to conspiring with U.S. taxpayers to hide assets and income in offshore accounts
FINRA fines BofA Securities $24 million for treasuries spoofing and related supervisory failures
BNP Paribas subsidiary fined maximum amount over Swiss franc loans
Commission fines Rabobank €26.6 million over Euro-denominated bonds trading cartel
Magazine
Extremely rare whisky comes to Sotheby's New York auction
Sai Kung Hoi Arts Festival returns to Hong Kong until Janury 14
Go on a sleigh ride in Estonia Varbola stronghold
Bora Bora, first born paradise in French Polynesia
Mushrooms of all kinds will be featured at Autumn Bio Festival in Portugal
Chevrolet Tahoe and Suburban come with new look
Chinese HiPhi revealed electric sedan, too bad it can't be trusted
New 2025 Ram 1500, Hurricane 3L and 420 horsepower
Gulfstream G700 business jet to fly 14,353 kilometers
Beneteau First, slender mainsail and generously sized foresails
Hollywood Regency, the style that's always in
Filippo Loreti, premium Italian timepieces for adventurous gentlemen
Creative furniture that redefines the meaning of sofa
Perfect ovens for perfect pizza at home
Designer radiators, focal point that heats your room
Rode NT1 5th Generation, the ultimate studio microphone
Motorola g family smartphones bring something for everyone
Focal Shape 65 monitor, loudspeakers for home or professional studio
NAD C 268 stereo power amplifier, multipurpose workhorse
DeVore Fidelity Orangutan O/Reference, €90,000 for ultimate sound
New compound could lead to therapeutics that selectively kill cancer cells
WHO warns of high risk of anthrax spread in Zambia, neighboring countries
Over 610,000 people contracted cholera in 2023
New investment, partnerships to reduce maternal mortality in Missouri
New study suggests salty immune cells surrounding brain linked to hypertension induced dementia
Gagarin Cosmonaut Training Center takes in 1,300 applications from aspiring cosmonauts
Expert says climate change could turn Brazil’s lush Amazon into savannah
Pantone picks Peach Fuzz as color of year 2024
Halley's Comet to start its journey toward Earth
Beijing launches its first satellite from South China Sea