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[rtl]Release date: 2018/4/8 8:49 • 115 times read[/rtl]
{International: Euphrates News} A senior Jordanian official revealed a preliminary date for the implementation of the pipeline project from Iraq to Egypt through Jordanian territory.
"The project is under implementation, and there are preliminary approvals from the Iraqi parliament, estimates of its cost and determining its course," Jordanian House Speaker Atef al-Tarawneh said in an interview.
"We are optimistic about the implementation of this pipeline in the near future."
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.
On February 5, the Jordanian cabinet approved the project.
The investor will bear the cost of extending the pipeline, where the investor will recover its costs through the wage to be paid by 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.
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 Strait of Bab al-Mandab and the Red Sea, to the Suez Canal.
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Jordan reveals the date of implementation of the pipeline project with Iraq
[/rtl][rtl]Release date: 2018/4/8 8:49 • 115 times read[/rtl]
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[rtl]{International: Euphrates News} A senior Jordanian official revealed a preliminary date for the implementation of the pipeline project from Iraq to Egypt through Jordanian territory.
"The project is under implementation, and there are preliminary approvals from the Iraqi parliament, estimates of its cost and determining its course," Jordanian House Speaker Atef al-Tarawneh said in an interview.
"We are optimistic about the implementation of this pipeline in the near future."
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.
On February 5, the Jordanian cabinet approved the project.
The investor will bear the cost of extending the pipeline, where the investor will recover its costs through the wage to be paid by 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.
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 Strait of Bab al-Mandab and the Red Sea, to the Suez Canal.
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