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Agreement to extend the oil pipeline from Iraq to Aqaba and North Africa

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Rocky


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Agreement to extend the oil pipeline from Iraq to Aqaba and North Africa



11/17/2015 0:00

BAGHDAD - Al-Sabah
and Oil Minister Adel Abdul-Mahdi signed with the Egyptian and Jordanian counterparts in the Jordanian capital Amman, a memorandum of understanding to enhance joint cooperation between Iraq, Egypt and Jordan in the field of oil and gas through a project to extend the oil pipeline from Iraqi territory to the port of Aqaba in Jordan Alhashimah.oukal Mahdi in a joint press statement with his counterparts that this project is of strategic investment important projects because it would add a new an export outlet for Iraq contribute to raising the export capacity of the country, adding that the memorandum states to extend an oil pipeline line 490-km from Iraq to the port of Aqaba and from there to North Africa through Egypt and hoped the direct implementation of the project in the middle of next year after it was completed geological surveys and technical studies for the project. For his part, Minister of Energy and Mineral Resources of Jordan Ibrahim Saif that ┬╗the Iraqi government approved an additional path for the implementation of the project adjacent to the Saudi border project and provide features extra, notably the reduction of the line distance carrier of crude oil which reduces the project, which is one of the joint Arab action goals and in the interest of the brothers cost, while Counting Petroleum and Mineral Resources and the Egyptian Minister Tariq Mullah project is an important opportunity for Egypt to strengthen cooperation in the field of oil and Algaz.aly that search Abdul-Mahdi with King Abdullah II of Jordan bilateral relations between the two countries, stressing the depth of relations and joint cooperation between Iraq and Jordan, especially in the field of energy, which culminated in signed a memorandum of mutual cooperation in building the oil pipeline, which accrue interest of Iraq, Jordan and Msr.erb Jordanian monarch for his country's aspiration to complete the project to extend the Iraqi oil pipeline between Basra and Aqaba down to the land and coasts Egyptian, calling for investment of Jordan's position as a corridor a strategic power in the region.

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