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Iraq, Jordan Agree to Fast-Track Basra-Aqaba Oil Pipeline Project

Jarida Report

Iraq and Jordan have agreed to accelerate work on the Basra-Aqaba Strategic Oil Pipeline Project, one of the two countries’ largest joint energy ventures, according to a statement from the Iraqi prime minister’s office.

The agreement was reached during talks in Baghdad between Iraqi Prime Minister Ali al-Zaidi and a Jordanian ministerial delegation led by Industry, Trade and Supply Minister Yarub al-Qudah.

The two sides discussed speeding up implementation of the 1,700-kilometre pipeline, which is expected to transport up to 2.5 million barrels of oil per day.

They also explored ways to expand cooperation in industry, transport and investment, reaffirming their commitment to strengthening bilateral economic ties.

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