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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Jordan approves oil pipeline agreement with Iraq

    Rocky
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    • Post n°1

    Jordan approves oil pipeline agreement with Iraq Empty Jordan approves oil pipeline agreement with Iraq

    Post by Rocky Wed Feb 07, 2018 4:12 am

    Jordan approves oil pipeline agreement with Iraq









    The Jordanian government approved an economic agreement in response to a 
    decision by Iraq. 
    The Jordanian cabinet, chaired by acting Prime Minister Mamdouh al-Abadi, decided to approve a framework agreement to be signed between Jordan's ministries of energy and mineral wealth and Iraqi oil on the export pipeline project between Iraq and Jordan. 
    The project aims to build a pipeline for the export of Iraqi oil through Jordan to the port of Aqaba and supply Jordan with part of its oil needs. 
    The pipeline project between the two countries is a strategic project that serves the interests of the two countries. It provides a new export outlet for Iraqi oil and works to strengthen the energy strategy in Jordan.
    On April 9, 2013, Iraq and Jordan signed a framework agreement for the laying of a pipeline to transport Iraqi crude oil from Basra to export ports in the port of 












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    Aqaba on the Red Sea coast and reach Egypt at a cost of about $ 18 billion, in addition to the agreement to build a large gas pipeline parallel to the oil pipeline . 
    The oil and energy ministries in Iraq and Jordan signed on November 15, 2015 a memorandum of understanding for cooperation in the field of oil and natural gas. 
    On April 2, 2017, the Iraqi government approved the construction of the Basra-Aqaba-Jordan oil pipeline project at a cost of about $ 5.6 billion. 
    The final cost of the Iraqi-Jordanian oil pipeline project is estimated at $ 5.6 billion, and the investor will bear the cost of extending the pipeline, where the investor will recover its costs by paying the Iraqi government. 
    The completion of the pipeline project between the two countries is 25 years.
    It is planned to export one million barrels per day of Iraqi crude to Jordan, including 150 thousand barrels to operate the refinery Zarqa. 
    The pipeline will extend to the port of Aqaba, the distance to the oil heading west towards Europe and North Africa, and will avoid traffic from the Gulf Sea and the Strait of Hormuz, to the Arabian Sea and then the Straits of Bab al-Mandab and the Red Sea to the Suez Canal.




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    Rocky
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    • Post n°2

    Jordan approves oil pipeline agreement with Iraq Empty Jordan approves pipeline project for oil transportation from Basra

    Post by Rocky Wed Feb 07, 2018 4:25 am

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    Jordan approves pipeline project for oil transportation from Basra


    The Jordanian government has given the green light to an oil pipeline project from Basra, southernmost of Iraq, to ​​the southernmost port of Aqaba

    "The Cabinet decided at its meeting on Monday evening to approve a framework agreement to be signed between the Ministry of Energy and Mineral Resources and the Iraqi Ministry of Oil," the government daily Al Rai reported. 
    Adding that the project aims to extend "a pipeline for the export of Iraqi oil through the territory of the Hashemite Kingdom of Jordan to the port of Aqaba and supply Jordan with part of its needs of oil."
    She explained that the project «strategic projects» that serve the interests of the two countries, as it believes «a new export outlet for Iraqi oil, as it works to promote energy strategy in Jordan». On April 9, 2013, Jordan and Iraq signed a framework agreement to build a 1,700 km pipeline to transport Iraqi crude oil from Basra to export ports at the port of Aqaba, at a cost of about $ 18 billion and a capacity of 1 million barrels per day. The pipeline is supposed to transport crude oil from the giant Rumaila field in Basra (545 km south of Baghdad) to export ports at the port of Aqaba (325 km south of Amman).






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