Government agrees to establish a pipeline to transport crude to Jordan and gas export

Government agrees to establish a pipeline to transport crude to Jordan and gas export

06/11/2012 0:00 

BAGHDAD – Al Sabah 
said government spokesman Ali al-Dabbagh on approval of the Council of Ministers to establish a pipeline to transport crude oil from Iraq to Jordan and export natural gas through Jordanian territory and to provide Jordan with its needs of crude oil and natural gas and liquefied petroleum gas, fuel oil, in the framework of the Memorandum of Understanding to be signed between the two countries. 
Dabbagh said in a statement received by the “morning”, that “the approval of the Council of Ministers recommendation of the Committee on Energy on authorize the Minister of Oil power to sign the Memorandum of Understanding between the Ministry of Oil and Ministry of Energy and Mineral Resources of Jordan, comes the interest of the Iraqi government to develop a mechanism of action is clear and appropriate to strengthen cooperation between the two sides in the areas of oil and gas, “referring to” provide large quantities of crude oil reserves and gas in Iraq used to meet domestic demand, and export the surplus in the light of the growing need to import these materials from the Hashemite Kingdom of Jordan to support the plans of development and to meet their needs ” . 
He explained that “the oil ministry had asked on the first of April, authorize the Minister of Oil signed a memorandum of understanding mentioned has recommended to the Committee on Energy on 6 Oaaralamadi introduced the matter to the Council of Ministers, for the purpose of approval of the sign based on what was agreed upon in the minutes of the meeting of the Higher Committee Jordanian-Iraqi joint location in the first of June 2011 in Baghdad. ” 
and added that “cooperation between the two countries within the Memorandum of Understanding, which included building a pipeline to transport crude oil from Iraq to Jordan and export natural gas through Jordanian territory and to provide Jordan with its needs of crude oil and natural gas and gas LPG and heavy fuel oil, depending on availability with the study of types of oils Iraqi recyclable in the Jordan Petroleum Refinery and the possibility of selling them and study the geological structures and the common fields between the two sides, “explaining that” each party will bear the costs and expenses incurred as a result of the performance of its obligations under this note. “He al-Dabbagh that the “memorandum of understanding will define the legal and commercial frameworks for dealing in the areas of oil and gas between the two sides,” explaining that “the validity of the work will begin from the date of the memorandum signed for five years, subject to extension by mutual consent.”
Source: alsabaah