Jordan reveals oil deals with Iraq

The Minister of Industry and Trade Tareq al-Hammouri said that his country will receive 10 thousand barrels of oil per day at preferential prices from Iraq, indicating that it will determine the value during the first quarter of next year.

"The technical committees will determine the price of oil for Jordan, which will be obtained within the framework of the agreement of the Iraqi-Jordanian oil pipeline," Hamouri said during his speech on Jordanian television. "This amount constitutes 7% of the daily consumption of Jordan, which is about 150 thousand barrels."

He added that "the agreement between Jordan and Iraq to exempt 390 goods from customs duties, but this decision was not activated and will begin life by early February next."
On the joint industrial zone, Al-Hammouri said that Jordan and Iraq agreed on the location of their residence on the border.
A senior Jordanian delegation visited Iraq last Saturday under the chairmanship of Prime Minister Omar al-Razzaz.

And the right of the Iraqi and Jordanian sides shared files , it was agreed during the talks to take several measures and in accordance with specific dates, transport sectors, industry, trade, finance, agriculture, communications and information technology.

while in the energy sector has been agreed on the completion of the Framework Convention for the pipeline Iraqi oil - and the Jordanian , which will run from Basra through Haditha To Aqaba in the first quarter of 2019. It was also agreed that the technical committees to determine the details of transport and pricing for the export of Iraqi crude oil to Jordan before 2-2-2019.

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