Jordan Discusses Renewing Oil Import MoU with Iraq

SourceAl Bawaba
SectorOil & Gas

Published January 7th, 2021 - 02:00 GMT Jordan’s Ministry of Energy and Mineral Resources said it is in talks with Iraqi authorities on renewing the memorandum of understanding (MoU) on crude oil supply signed between the two governments, a media report said. The two sides are currently negotiating some provisions of the MoU, a ministry informed source, was quoted as saying by state news agency Petra. The import of Iraqi oil comes within the framework of the MoU signed between the two countries in February 2019, under which Jordan imports about 10,000 barrels per day, which covers 7 per cent of the Kingdom’s daily demand. Via Copyright 2021 Al Hilal Publishing and Marketing Group You may also like Subscribe Sign up to our newsletter for exclusive updates and enhanced content more...