Jordan starts measures to erect an oil pipeline with Iraq

Jordan is intending to carry out the pipeline project to transport the Iraqi oil to Jordan at a length of 750 Kms and at a cost of US $ 350 million.

Jordan has started implement measures to proceed in this project which was proposed since many years and conditions of the International embargo imposed on Iraq since 1990 prevented its execution.

In its meeting held on Wednesday, the Jordanian government decided to establish a technical committee to proceed into the project. The committee includes representatives for the specialized economic ministries and the Jordanian oil refinery company which will implement part of this project.

According to official sources, the local private sector and international sides are expected to take place in the project in order to eliminate the question of financing crisis.

This project which is expected to be completed within 40- months will replace the traditional way of importing the Iraqi oil through tankers whose number estimated at 3000.