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In just three months, Iraq's oil exports to Jordan exceed 900,000 barrels
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Baghdad today - follow-up
Iraq's exports of crude oil to Jordan amounted to more than 900,000 barrels during the past three months of this year.
The company, "SOMO", stated in a table it had seen by "Baghdad Today", that "Jordan's imports of Iraqi oil during those months (May, June and July) amounted to 901.223 thousand barrels, at a rate of 10.013 thousand barrels per day."
She added that "the total revenues from these exports amounted to 54.88 million dollars," noting that "the average price of oil exported to Jordan amounted to 60.76 dollars."
And the Iraqi Council of Ministers approved - during its meeting, on March 28, 2023 - the recommendation of the Energy Ministerial Council, regarding the approval of signing a new memorandum of understanding for the processing of crude oil between the Ministry of Oil and the Jordanian Ministry of Energy and Mineral Resources, indicating that the extension will be for one year, starting from the date entry into force.
In September 2021, Jordan received shipments of oil under an agreement to buy 10,000 barrels per day of crude oil from the Kirkuk fields to meet part of the local demand, before it stopped it in February 2022 as a result of the contract expiry, to start again in April, to be stopped in August, to return. Again last September 2022.
It is noteworthy that Iraq exports crude oil at preferential prices to Jordan through tank trucks at a rate of approximately 10,000 barrels per day.
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