Amman The Jordanian Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, announced that the Kingdom’s imports of Iraqi oil amounted, during the period from the ninth of September 2021 to the 26th of November, about 840 thousand barrels, at a rate of 9,700 barrels per day.

He said in a statement: “Jordan imports crude oil from Iraq at a rate of 10,000 barrels per day, which constitutes about 7 percent of the Kingdom’s needs. It is transported from the Iraqi Baiji refinery, which is 830 km from the Jordanian-Iraqi border. Coordination was recently made with the Iraqi side to equip the station ( T1) in Al-Qaim District / Anbar Governorate, which is 435 km away from the Jordanian-Iraqi border, because it was approved for loading oil instead of Baiji due to its closure to the Jordanian-Iraqi border, noting that the Iraqi side did not officially inform the Ministry of Energy and Mineral Resources of the readiness of this station.

Jordan imports crude oil from Iraq under a memorandum of understanding signed by the two countries in 2008, which was extended annually and stopped at the end of 2013 due to the closure of the Trebil border crossing for security reasons.

Work is currently underway to import Iraqi oil according to the memorandum signed at the beginning of this year, according to which Jordan buys crude oil from Iraq at a price less than the global price of Brent crude by $16 to cover the specification difference and the transportation cost, which is borne by the Jordanian side.

Source: National Iraqi News Agency