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Jordan’s imports of Iraqi oil stopped since the beginning of April, after the memorandum of understanding providing Jordan with crude oil ended, despite the approval of the Iraqi Cabinet to renew it.
The director of the company carrying Iraqi oil to Jordan, Nael Thiabat, said that the company stopped importing oil from Iraq until the government signs a memorandum of understanding between the two countries, indicating that the delay may be from the Iraqi side.
Thiabat indicated that the new memorandum of understanding will allow Jordan to import 10 thousand barrels per day, indicating that 310 thousand barrels of oil were imported from Iraq during March.
Iraq had agreed to renew the memorandum of understanding that provides Jordan with crude oil for a period of one year, after the Iraqi Council of Ministers approved last Tuesday the recommendation of the Energy Ministerial Council.
Jordan imports Iraqi crude oil according to the memorandum of understanding signed between the Jordanian and Iraqi governments since the beginning of September 2021.
