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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

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    Jordan reveals its consumption of importing crude oil from Iraq early this month

    Rocky
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    Jordan reveals its consumption of importing crude oil from Iraq early this month Empty Jordan reveals its consumption of importing crude oil from Iraq early this month

    Post by Rocky Mon 01 May 2023, 4:09 am

    [rtl]Jordan reveals its consumption of importing crude oil from Iraq early this month[/rtl]

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    [rtl]Baghdad-Iraq today:

    Jordan will resume importing oil from Iraq at a rate of 10,000 barrels per day during the first week of May, after stopping its import since the beginning of April following the end of the memorandum of understanding that Jordan supplies with crude oil , according to Nael, the director of the company carrying Iraqi oil to Jordan. wolves.[/rtl]
    [rtl]Thiabat said that the agreement was signed between Jordan and Iraq, but the logistical procedures may take 6 to 7 days.[/rtl]
    [rtl]Iraq agreed to renew the memorandum of understanding that supplies Jordan with crude oil for a period of one year, after the Iraqi cabinet approved the recommendation of the Ministerial Energy Council, but the tanker company stopped importing oil until the memorandum is signed by the two countries .

    Dhiabat explained that 500 tanks will transport oil from Iraq to Jordan, as 50% of the drivers are Jordanians and the other half are Iraqis, according to the agreement, indicating that the loading will be from the Kirkuk refinery.[/rtl]
    [rtl]Regarding compensation for the days when imports stopped, the director of the oil tanker company expected to "extend the agreement for an additional month after the expiration of the year of renewal of the agreement."[/rtl]
    [rtl]Jordan imported from Iraq, according to the memorandum of understanding signed with the Iraqi government, to supply crude oil from September 2021 until the end of last March, quantities of oil amounting to approximately 4.5 million barrels.[/rtl]
    [rtl]The Ministry of Energy indicated that it will work upon receiving approval from the Iraqi side to renew the memorandum of understanding by completing the necessary procedures to resume importing Iraqi crude oil upon signing the memorandum of understanding.[/rtl]
    [rtl]According to the agreement, Jordan will purchase Iraqi crude oil (Kirkuk crude oil) to meet part of its annual oil needs at a rate of 10,000 barrels per day based on the monthly Brent crude oil rate minus $16 per barrel to cover the quality difference and transportation fees.[/rtl]
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    [/rtl]
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