This is not a new deal, Hiari said. We need to sign a new contract with a carrier, as the current one ends in September, Hiari added.
The ministry has received bids from three Iraqi companies and 36 Jordanian firms, he pointed.
Before one year, Jordan and Iraq have determined to extend their 2006 oil accord for three years.
As per the agreement, Baghdad will maintain its deliveries of oil to Jordan, providing 10-30% of the Kingdom’s per day oil requirements at preferential prices. Jordan requires 100,000 barrels per day of petroleum.
Iraq has also determined to bring up the discount offered to Jordan on Kirkuk crude oil to $22 per barrel lower than the global price, amending the earlier contract under which the country was offered Brent crude oil at an $18 discount.
Iraqi trucks transport the oil along 750 kilometers from Biji oil complex inside Iraq to an unloading station at the Jordanian border, Hiari said. Then, the Iraqi trucks are unloaded into the Jordanian trucks, which delivers the oil along 300 kilometers to the refinery in Zarqa, Hiari added.
Currently, Burj Al Urdun ships Iraqi oil to Jordan. Around 150 Jordanian trucks and around 300 Iraqi trucks are included in company’s fleet.
This is a one year contract with same conditions and requirements, Hiari stressed.
