Japanese Foreign Minister Yoshimasa Hayashi on Sunday gained understanding from his Jordanian counterpart Ayman Safadi over the recent start of the release into the sea of treated radioactive water from the crippled Fukushima nuclear power plant. In Jordan, Hayashi told Safadi that the discharge is being carried out with transparency …
Read More »Iraq Increases Discounted Oil Sales to Jordan in August
Iraq’s State Oil Marketing Organization (SOMO) has reported a rise in its exports to Jordan for August, with the price of a barrel standing at $70.22. With this price tag, Iraq has offered Jordan a discount of $13.13 per barrel, given that the official selling rate declared by Iraq’s Ministry …
Read More »SOMO: Iraq Sells Crude Oil to Jordan below Official Price
Iraq’s SOMO, the state-owned oil marketing company, has announced that the average price of crude oil exported to Jordan reached $58.70 per barrel during the month of June. With this, Iraq sold each barrel of crude oil to Jordan last month at a price that was $12.41 lower than the …
Read More »Iraqi Oil Exports to Jordan Stop
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 …
Read More »Iraq to Resume Oil Agreement with Jordan at $16 below the Market Price
Jordan and Iraq on Saturday agreed to extend the memorandum of understanding (MoU) under which the Kingdom imports Iraqi Kirkuk crude oil with a daily average of 10,000 barrels delivered to the Jordan Petroleum Refinery in Zarqa. Assistant for energy affairs at the Energy Ministry Hassan Hiari noted that the …
Read More »Iraq Plans to Build New Oil Pipeline via Jordan
Iraq is also planning to rehabilitate a pipeline via Turkey.
Read More »Iraq Plans to Launch Pipelines to Export Oil through Jordan. Syria
The goal is to increase Iraqi export outlets and find markets for the increasing oil production.
Read More »LNG Traders Evaluate Impact of Saudi-Led Diplomatic Blockade of Qatar
More than 60% of Egypt'.s LNG imports in 2016 -- 4.61 million mt of a total 7.26 million mt -- were sourced from Qatar.
Read More »UAE is Well Placed to Take Lead in Renewable Energy Storage
Several Mena countries have already begun exploring energy storage as a way to integrate new renewable generation resources .
Read More »Middle East Railways Vision Plan Drawn Up at RAME Summit
In the next summit. another document will be unveiled on the topic of corridors through the Middle East region which connect Asia to Europe.
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