Selasa, Oktober 03, 2006

Iraq to charge Jordan USD 10 per barrel of oil

It quoted an Energy and Mineral Resources Ministry source as saying the preferential price of oil imports from Iraq is in line with the Memorandum of Understanding (MoU) signed by both countries recently.

It said, the export of Iraqi oil to Jordan is governed by providing security for the oil tanks that proceed by land from Iraq to neighboring Jordan. He hoped for solving the security problem as soon as possible to ease the import of oil from Iraq.

The daily referred to many reports confirming the deterioration of the security conditions all along the road from the Iraqi Beji province to the Jordanian territories. This puts truck drivers at risk of being attacked by militants who literally control most of the Iraq-Jordan expressway.

The MoU signed by both countries stipulates supplying Jordan with Iraqi oil at preferential prices that are not yet officially declared, at the rate of 30, 000 barrels per day (bpd) and that will gradually rise to 60,000 for fulfilling Jordan's need of oil that totals 100,000 bpd.

The daily concluded that many Iraqi security companies are offering to guarantee the arrival of oil supplies to Iraq.(Source)Kuna

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