Tuesday, May 15, 2007

 

Jordan to receive Iraqi oil at preferential prices

Oil
(Iraq Directory) - Iraqi Minister of Planning, Ali Baban, said that the oil agreement between Iraq and Jordan provides for the latter to provide oil at preferential prices, up to $18 per discount on the worldwide price of oil.
He added, during his presence in the fourth international exhibition for the reconstruction of Iraq held in Amman, that the problem is in the unstable security situation on the road between Beiji and the Iraqi border, which impede the implementation of the agreement signed in Baghdad, when the Jordanian Prime Minister, Maaroof Al-Bikheet visited it last year, and not in the relations between Iraq and Jordan. He stressed the needed of the two countries for pipeline between them, but such a pipeline has not been built despite the need for it.
He pointed out that after this period, the Jordanian government found the road unsafe for the transport of oil from Iraq, and we are still ready to implement this project if not for the security dilemmas that accompany the transport process. He said that there is a complex security situation, but this does not prevent us from the construction process.

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