September 9, 2008
Jordan Renews Preferential Fuel Import Contract With Iraq
An agreement signed in summer 2008 by Jordan with Iraq to import oil at preferential prices has come into effect, according to PetrolWorld which has quoted a weekly report by the Al-Hilal Oil Company.
The Nile Ziyabat Company has been selected to lead a consortium of companies that will transport oil from Iraq to Jordanian refineries for a $15 per barrel charge.
The oil will be imported by the consortium for processing at refineries located in Jordan, from the Iraqi border area of Haditha.