Twilight News / predicted Vice-President and Secretary of the Iraqi Business Council in Jordan Saad Nagi, the Iraqi government agrees to Jordan’s request for a discount of $ 3 for every barrel of oil imported by the Kingdom, added to the discount granted and the $ 18 per barrel, the amount of discount and a every barrel of oil to $ 21.
Nagy and that Baghdad was considering the Jordanian request, made by Oman finally.
Countries and is associated with an earlier agreement includes construction of Jordan with 10 thousand barrels per day of crude oil rises to 15 thousand barrels, to be increased to 30 thousand barrels, in addition to 1,000 tons of heavy fuel oil at a time when the opponent up in it to $ 18 a barrel for the world price and $ 78 per ton heavy fuel oil, is that the amount of this discount shrink to nearly $ 5 a barrel because of what endures the Jordanian side of the transport and insurance costs.
Nagy said that the Jordanian government has asked the supply of oil from Basra to the UK through the port of Aqaba, rather than the old truck line given the serious security situation witnessed by trucks crossing area.
It is noteworthy that import oil from Iraq is currently stalled as a result of the deteriorating security situation.
To it; Naji “The Iraqi government is also considering modifying Basra Aqaba oil pipeline route to pass through Saudi territory instead of the direct line between the two countries,” he said.
Nagy pointed out that this proposal is still under study and also due to the previous area of the line has become very dangerous. The other reason for this, the new route from Basra to Saudi Arabia to Aqaba will provide distances from those set out in the previous scheme that will also create cost.
It is noteworthy that Jordan and Iraq signed on 9 April of the year 2013 framework agreement to build the pipeline to transport Iraqi crude oil from Basra to export terminals in the port of Aqaba, on the Red Sea coast at a cost of about $ 18 billion.
It includes oil pipeline project (Basra-Aqaba) two first will be inside Iraqi territory and implemented by the Iraqi government, as will extend the second part of modern Aqaba, less investment, as Jordan provides about 100 million cubic feet per day, while you go the rest of the quantities being pumped through it to run pumping stations in export port ..
Jordan will receive under this tube on the daily returns of 5-10 million dollars a day, the equivalent of 2.3 billion dollars annually upon completion and operation of the project, and Jordan will be able to secure the needs of crude oil to the refinery in Zarqa, which is up to 120-150 thousand barrels per day , with great potential to create a major new refinery in Aqaba and the participation of an international company to invest foreign independently.