Jordan: End the Basra oil pipeline negotiations - Aqaba end of the year[/ltr]
[ltr][rtl]History[/rtl] of [rtl]edits:: 2016/11/20 8:38 • 313 visits readable[/rtl][/ltr]
[ltr][You must be registered and logged in to see this image.]
He favored Jordanian Minister of Energy and Mineral Resources, Ibrahim Saif, to be completed oil pipeline between Jordan and Iraq project negotiations end of the year, "noting that it" depends on the termination of negotiations with the Iraqi side, a coalition of companies invested in the project. "
He explained Saif, in a press statement, that "the Iraqi side finished the process of selecting the coalition, which will provide investment advisory services for the project, they are now in the process of final agreement on the project was commissioned."
He said the "Iraqi government would bear the cost of font creation of Basra to Najaf, as will be the completion of the line from Najaf to the Jordanian border, according to the style will be built according to the BOT system and transfer [BOT].
The cost of establishing the line inside the Jordanian border, between the Jordanian Minister that "the government will reach an appropriate formula to the cost in line with the Iraqi side," adding, "it was in this regard the completion of procedures relating to the Jordanian side and the ones crossing the line within the territory of the Kingdom of fees."
Iraq, Jordan, signed in April 9, 2013 framework agreement to build a pipeline to transport Iraqi crude oil from Basra to the ports of export in the port of Aqaba, on the Red Sea coast at a cost of about $ 18 billion, in addition to the agreement on the construction of a large gas pipeline parallel to the oil pipeline intended residence.
The past period the Iraqi Chinese coalition to renew interest in the implementation of the project earlier this year, where he was to change the course of the Iraqi oil pipeline which passes near the Saudi Jordanian eastern border instead of the Iraqi border, Jordanian directly, as the Iraqi government approved on 19 October 2015 on a new path part-tube inside Iraq and this endorsement renewed move to the project by providing a more secure path for the implementation of both the Iraqi part or the part of investment to Aqaba.
Furthermore, Jordanian Minister of Energy pointed out that the Iraqi side expressed interest in renewable energy and to benefit from the Jordanian experience in this field, and at the same time, Jordan expressed interest in the Iraqi experience in the field of prospecting and exploration; where the delegation visited several working Iraqi firms in this area, in preparation for the signing of memorandums understanding them was able to send experts to Jordan to take advantage of their experience in the exploration and mining of mineral resources and assessment of the information available in this sector.
Both were from the Ministry of Energy and Mineral Resources and the Ministry of Petroleum and Mineral Resources in the Arab Republic of Egypt and the Ministry of Oil of the Republic of Iraq had signed in November 15 of 2015, a memorandum of understanding for cooperation in the field of oil and natural gas.
Furthermore, the Iraqi Oil Ministry said on its website that the two sides stressed the importance of strengthening bilateral relations between the two brotherly countries of common interest in the field of oil and energy.
The Minister of Oil, Jabbar Ali Hussein Allaibi, during a meeting with his Jordanian counterpart last week on the need to implement a project pipeline Iraqi oil and gas pipelines across the Aqaba port of strategic and economic importance, noting that the joint committees is keen to expedite the resolution of this file with a coalition of companies invested for this project, where the negotiations have reached an advanced stage, stressing reach Iraq and Jordan to the need to put a time limit for resolution of this file.
He pointed out that he was instructed to form a committee to follow up in the offices of ministers to follow developments in this project, and raise the regular reports in this regard, stressing that the resumption of cooperation in the field of supplying Jordan with quantities of crude oil after the stability of the security situation in the border provinces.
[You must be registered and logged in to see this link.][/ltr]