Tuesday, September 05, 2006
Iraq to provide Jordan with oil
Commerce
Iraq will start to provide Jordan with 10,000 barrels of crude oil within 10 days at preferential rates. The oil will be transported by trucks to Jordan and treated at Jordanian refineries. Iraq struck a deal in mid-August with Jordan to provide its oil-parched neighbor with 10-30 percent of its daily oil needs of around 100,000 barrels. Part of the deal will eventually involve laying a new pipeline across the desert between the two neighbors. Before the U.S.-led invasion Jordan depended on Iraq for all its oil requirements.
