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Jordan received 3.4 million barrels of Iraqi oil as per agreement so far

Jordan, until Tuesday, received 3.4 million barrels of Iraqi oil as per an agreement granting Jordan a $16 discount from the price of Brent crude per barrel, the Jordan News Agency, Petra, reported. The agreement — which entered into force at the beginning of 2022 — will expire by the end of December, head of the oil tanker company Nael Thiabat said on Wednesday, noting that the extension or renewal of the agreement is on the table, according to Petra. Jordan imports 10,000 barrels daily from the Kirkuk refinery via 500 oil tankers. During October alone, Jordan was supplied with 340,000 barrels, he noted. Thiabat commended the coordination and cooperation between both countries, highlighting joint interest in easing obstacles that hinder oil transportation. 

Link: https://www.jordantimes.com/news/local/kingdom-received-34-million-barrels-iraqi-oil-agreement-so-far

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