Zawati: 1.136 million barrels of oil, Jordan's imports from Iraq in 2019

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Jordan plans to facilitate transit trade with Iraq

Release date:: 2019/11/14 8:57 • 165 times read

Jordanian Minister of Industry, Trade and Supply Tariq Al-Hammouri said that the government will take all necessary measures to simplify and accelerate the procedures related to clearance of goods coming through the port of Aqaba and destined for other countries, especially Iraq, in addition to studying the reduction of the cost of transit, in coordination with the authorities. Relevant public and private sectors.

The minister added that the ports of Aqaba will witness, according to the current indicators, a significant increase in handling and transit trade due to the competitive advantages offered by the port and the advanced infrastructure available in it. .
He said that a list of all comments made by the commercial and industrial sectors and the logistic and direct services companies would be prepared for immediate consideration and possible remediation, thus speeding up procedures and reducing costs.
Hammouri called on logistics companies in Aqaba to submit all their observations and proposals as soon as possible, in order to develop appropriate solutions for them, as the location of Jordan and the port of Aqaba qualified him to be a regional center for transit trade, and will be re-read in the coming period, the legislation governing the work of this trade, which enhances the competitiveness Port of Aqaba.
He said that Aqaba port is witnessing a rise in handling traffic, due to Iraq 's tendency to increase its dependence on importing goods, which requires strengthening the procedures of clearing the goods at the port and accelerating them and reducing the costs to increase the competitiveness of the port.
In February of this year, Jordan exempted Iraqi imports through the port of Aqaba by 75%, as part of understandings reached by the two sides with the aim of enhancing economic cooperation in various fields.

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Iraq and Jordan agree to continue coordination on strategic oil pipeline

Previous meeting between the prime ministers of Iraq and Jordan

 22 November 2019 10:41 AM

Iraqi Prime Minister Adel Abdul Mahdi received a phone call from Jordanian Prime Minister Omar Razzaz on Thursday .

According to the Presidency of the Council of Ministers in Iraq, the two heads of government expressed a common understanding of what the region is going through and that they stand together in the face of the difficulties and events experienced by the two countries .

She added in a statement on the official page of the social networking site "Facebook" that Razzaz expressed his support for the Iraqi government and the stability of Iraq, as the Prime Minister expressed the same position with neighboring Jordan and its government and brotherly people .

The two sides agreed to continue efforts regarding the strategic oil pipeline and activate all agreements signed during the last short period, according to the statement .

[yota691]

309 thousand barrels of oil Jordan imports from Iraq during November

 

energy Economy News _ Baghdad The amount of oil imported from Iraq for the month of November last 309 thousand barrels were transported by 1209 tanks. The Minister of Energy and Mineral Resources, Hala Zawati, said in a press statement seen by Al-Eqtisadiah that the total imported quantities of Iraqi oil were transferred from the Baiji refinery to the Jordanian oil refinery in the city of Zarqa at a rate of 10,000 barrels per day.    As for the total quantities discharged in the Jordanian oil refinery since the beginning of last September until the end of November last, Zawati said it amounted to 776 thousand barrels.   Minister Zawati stressed that these quantities constitute 7% of the Kingdom's needs, pointing out that this step comes within the framework of energy cooperation between Jordan and Iraq to serve the interests of the two brotherly countries. With regard to the prices of Iraqi oil, Minister Zawati said that the memorandum of understanding stipulates that Iraq will sell crude oil (Kirkuk crude oil) to Jordan on the basis of the Brent crude oil monthly rate minus transportation costs and the difference according to specifications. She said that the memorandum of understanding embodies the economic interests of Jordan and Iraq and enhance energy cooperation between the two countries and contribute to the creation of more jobs and restore the vital economic role of the land road between the two countries, describing the import of Iraqi oil as the launch of a new phase of economic cooperation between Jordan and Iraq.   Zawati stressed the importance of moving forward cooperation relations between Jordan and Iraq in the field of energy to meet the interests of both parties by completing the construction of Iraq's oil export pipeline through the port of Aqaba, which extends from Basra through Haditha and then to the port of Aqaba, as well as the establishment of a network of electrical connection between the two countries.   The Ministry of Energy and Mineral Resources, in cooperation with the Iraqi side, began in early September last work on the memorandum of understanding on the purchase of Iraqi oil, which is continuing the transfer process in accordance with the program agreed between the two countries.   In February, Jordan and Iraq signed a memorandum of understanding under which the Kingdom imports Iraqi crude oil (Kirkuk crude oil) to meet part of its annual needs. Views: 50   Date Added: 03/12/2019

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Jordan: Oil extraction in the Kingdom is subject to the American green light

Economy | 02:07 - 15/12/2019

 

 

 

 

 

Follow-up - Mawazine News

The Jordanian MP, Yahya Al-Saud, said that the extraction of oil in Jordan will take place after America "permits" that, and that the contracts will reach the government to sign it if America gives the green light to that. 

The speech of Representative Yahya Al-Saud came during a parliamentary session that discussed the reason for the government in 2015 to cancel the agreement it signed with the energy company "Ammonite International Corporation."
The Minister of Energy attributed the reason for canceling the agreement at the time that the company concerned did not abide by the terms of the agreement, while a number of deputies criticized the government's justification, wondering about the secret of not checking the financial suitability of the company.
It is mentioned that "Jordan National Petroleum Company" confirmed earlier that there are indications of the presence of oil in Jordan, but that exploration for it has slowed since 1996 due to the lack of financial liquidity to implement the company's projects, and to enter into strategic partnerships, which may be economically ineffective. Ended 29 /s

[yota691]

The 'Made in Iraq' campaign surprises Jordan and cuts exports

Editing Date: 12/19/2019 10:25 • 505 times read

{International: Al Furat News} Jordanian economic reports said today, Thursday, that the rate of exports of their products to Iraq decreased during the past article.

Although Jordanian exports continued to grow during the first nine months of this year, exports to Iraq were declining, which specialists attributed to the security situation on the one hand due to the demonstrations in the country and the imposition of customs duties by the Iraqi side on Jordanian goods and products on the other hand.
Jordanian exports to Iraq decreased by 8% during the first nine months of this year, while exports increased by 7.8% during the same period.
General statistics show that the value of Jordanian exports to Iraq declined during the first nine months of this year to 306 million dinars, compared to 333 million dinars compared to the same period last year, recording a decrease of 27 million dinars.
And the foreign trade index started since the beginning of the current year between Jordan and Iraq, due to the decline in Jordanian exports, whose volume began to decrease since last March compared to the same period last year despite the signing of a package of agreements and memoranda of understanding related to economic affairs and the reopening of the land border crossing between The two countries.
Jordan and Iraq agreed, during the month of February (February) last, on broad economic files, the most important of which is the implementation of the decision to exempt 344 Jordanian commodities from Iraqi fees and the project to extend the oil pipeline, industrial zone, transportation, electricity, agriculture, communications and information technology, and it was on the sidelines of Prime Minister Omar Al-Razzaz’s visit to Baghdad.
In turn, the head of the Jordan Chamber of Industry, Fathi Al-Jaghbir, said that "the security situation in Iraq has cast a shadow over the volume of national exports, as it decreased during the first nine months of this year by 8% compared to the same period last year."
And Al-Jaghbir indicated that the Chamber is making great efforts to restore economic and trade relations with Iraq to its former era, as the Chamber organizes continuous visits to the Iraqi market in order to network and discover opportunities in various sectors.
Al-Jaghbir stressed that the private sector views Iraq as an important partner in various fields, leading to economic integration that achieves the common interests of both countries.
He explained that the Chamber had recently held a meeting with the President of the Iraqi Industries Federation, as it was agreed to work together to promote Jordanian products in Iraq and promote Iraqi products in the Kingdom.
The President of the Chamber expected that the national exports to Iraq will witness a significant increase during the coming period, especially after the return of security stability to Iraq and the export incentives package that he recently presented to the industrial sector, stressing that Jordanian products are able to compete and meet the needs of this market of various commodities and of high quality.
"The security situation and the instability in Iraq have caused a decline in national exports," said Ehab Qadri, official of the export file to Iraq in the Jordan Chamber of Industry.
And Qadri said that there is a state of anticipation that prevails among the exporters until the return of stability to Iraq, stressing that the Jordanian industry is ready to meet the needs of the Iraqi market of various products with high quality.
He explained that the chamber seeks to enhance the benefit from the economic agreements that were signed with the Iraqi side, especially the decision to implement the exemption of 345 commodities from Iraqi fees by organizing trade missions to Baghdad and exploring opportunities and trying to network with Iraqi merchants and importers.
"The decline in export to the Iraqi market is due to several reasons, the most important of which is the tendency of the Iraqi government to protect its industries by imposing customs duties on goods that were exempt from customs duties," said Musa al-Saket, deputy head of the Amman Chamber of Industry, head of the "Made in Jordan" campaign.
And Al-Saket indicated that many Jordanian exporters were surprised at the recent imposition of customs duties by the Iraqi government on goods that were on the lists of exempted goods and customs duties were imposed on them.
He called on the government to need to intensify communication with the Iraqi government to ensure the application of exemption of customs duties on Jordanian products in addition to conducting a review of all agreements in order to evaluate them to build on strengths and address weaknesses.
Al-Saket said that the Iraqi market is one of the important markets that it depends on to increase national exports during the coming period and return it to its previous era, especially since it was acquiring 20% of the total national exports before 2010.
The representative of the food industries sector in the Jordan Chamber of Industry, Muhammad Walid Al-Jitan The Iraqi market is one of the important traditional markets that are seen to increase national exports during the coming period, especially since there are great opportunities for Jordanian industry to compete within this market.
And the Devil indicated that the industrial sector seeks to increase trade exchange with its sister Iraq and return it to its previous era, noting that there are more than 15 factories established in the Kingdom for the purposes of exporting to the Iraqi market.
Jordanian exports to Iraq reached their peak in 2013 to reach 882 million dinars, while in 2016 they declined to a level of 330 million dinars.
The Jordanian Minister of Industry, Trade and Supply Tariq Al-Hamouri said in previous statements, "The ministry is in continuous contact with neighboring Iraq and seeks to solve all technical obstacles that prevent the increase of trade exchange between the two countries."
Al-Hamouri indicated that there are joint committees between the two countries that hold periodic meetings of what has been agreed to improve and address any problems that may occur during implementation, stressing that Jordan views the neighboring Iraq as a true partner and access to economic integration that achieves the mutual benefits of the two parties.

[yota691]

Urgent oil invites companies to submit offers to implement the project (Iraqi - Jordanian)

Editing Date: 12/25/2019 14:08 • 146 times read

(Baghdad: Al Furat News) The Ministry of Oil announced the completion of the rehabilitation of companies that have expressed their desire to participate in the implementation of the (Iraqi - Jordanian) pipeline project, which includes extending the first section of the tube inside Iraqi territory (Rumaila - Haditha) with a distance of approximately 700 km and a design card (2) One million and (250) thousand barrels, and extending the second section of the tube within the Jordanian territories (Haditha - Aqaba) with a distance of (900) km and a design capacity of one million barrels.

The Deputy Prime Minister for Energy and Oil Minister Thamer Abbas Al-Ghadban said in a statement received by {Al Furat News} a copy of it, that “the ministry formed an earlier technical team in cooperation with the international consultant to prepare a formula for legal contracts, financial issues and technical specifications for the implementation of the project, indicating that The ministry has set a timetable that includes inviting companies to qualify and submit technical offers. "
Al-Ghadhban explained that "the ministry has set the end of next May as a deadline for receiving technical offers for the project from qualified companies, after which the offers will be studied and appropriate selection taken into consideration in the public interest and in what achieves the goals and plans of the ministry, indicating that the ministry will invite companies or coalitions to submit the final offer later And the matter will be decided and the company or consortium qualified to implement the project will be decided before the end of next year 2020. "
For his part, spokesman for the ministry, Assem Jihad, said, "The (Iraqi - Jordanian) pipeline project is one of the promising investment projects as a new export outlet added to other outlets, and that the company or the winning coalition to bid for these projects is responsible for bearing all costs and financial expenses and the federal budget does not bear any expenses or Financial implications, and the amounts are recovered by the investors after the project is run according to the specified time periods.
Jihad explained that "the project to extend the pipeline inside the Iraqi territories (Rumaila - Haditha) will be carried out according to the formula of the investment contract {EPCF}, and the project to extend the pipeline in Jordanian lands (Haditha - Aqaba) will be implemented according to the formula of the investment contract {BOOT}", denying the statements Regarding the postponement of the project implementation procedures due to the current conditions in Iraq, "noting that"

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"Al-Ghadban" announces the deadline for receiving offers for the implementation of the Iraqi-Jordanian oil pipeline

Emoji picture

 December 25, 2019 5:30 PM

 

Direct: The Iraqi Ministry of Oil announced the deadline for receiving offers for implementing the joint oil pipeline with Jordan .

Today, Wednesday, the Iraqi Oil Ministry called on companies and coalitions that are eligible to implement the Iraq-Jordan oil pipeline project to submit their technical offers, according to the Iraqi News Agency "Waaaa ".

The ministry stated that the rehabilitation of companies that have expressed their desire to participate in the implementation of the Iraqi-Jordanian pipeline project, which includes extending the first section of the pipeline inside the Iraqi territories "Rumaila - modern" with a distance of approximately 700 km, and a design capacity of two million and 250 thousand barrels .

The second section of the pipeline will be extended to Jordan, Haditha - Aqaba, with a distance of 900 km, and a design capacity of one million barrels .

The Iraqi Deputy Prime Minister for Energy Affairs, Minister of Oil, Thamer Abbas Al-Ghadban, indicated that the Ministry had previously formed a technical work team in cooperation with the international consultant to prepare a formula for legal contracts, financial issues and technical specifications for the implementation of the project .

He indicated that the Ministry has set a timetable that includes inviting companies to qualify and submit technical offers .

Al-Ghadban stated that the Ministry has set the end of May next as a deadline for receiving technical offers for the project from qualified companies, after which the offers will be studied and appropriate selection taken into consideration in the public interest and in a manner that achieves the goals and plans of the ministry .

He hinted that the ministry will invite companies or coalitions to submit the final offer later, and the issue will be resolved and the company or coalition eligible to implement the project will be decided before the end of next year 2020 .

The spokesman for the ministry, Assem Jihad, said that the company or the winning coalition to bid for these projects will cover all costs and financial expenses, and the federal budget does not bear any financial expenses or consequences, and the amounts will be recovered by the investors after the project is run according to the specified time periods .

Jihad said that the project to extend the pipeline inside the Iraqi territories "Rumaila - Haditha" will be in accordance with the formula of the investment contract (EPCF), and the project of laying the section for Jordan "Haditha - Aqaba" will be implemented according to the formula of the investment contract (BOOT).

Jihad denied the rumors about postponing the procedures of implementing the project due to the current situation in Iraq, pointing out that these projects are among the important economic strategic projects that require a long time to prepare and implement .         

In October 2017, the Iraqi Prime Minister and his Jordanian counterpart at the time discussed the steps of a project to build an oil pipeline from the southern city of Basra to the port of Aqaba in southern Jordan.

On April 9, 2013 , Jordan and Iraq signed  an agreement to build  a 1700 km pipeline to transport Iraqi crude oil from Basra to the Aqaba export terminals, at a cost close to $ 18 billion and a capacity of one million barrels per day.

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The customs announces the registration of the highest revenues that support the state budget after oil revenues

Editing Date: 12/31/2019 18:40 • 217 times read

{Baghdad: Al Furat News} The General Authority for Customs announced today, Tuesday, the registration of the center of Comile Trebil border revenue on Monday, amounting to more than one billion dinars.

 

The authority said in a statement that it received {Al Furat News} a copy of it, that the continuous increase in the rates of revenue achieved in most of its customs centers comes as a natural result of the efforts made by its cadres working there as well as distinguished management during the current period.
She added, that its revenues are entered in the account of the Ministry of Finance with the Central Bank of Iraq, which is subject to auditing of the Office of Financial Supervision, and thus be registered the highest revenue that provides the state budget after oil revenues despite the challenges and constraints and acute shortage of the number of qualified employees and the absence of the minimum requirements and means and devices of customs work.

 

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Zawati: 1.136 million barrels of oil, Jordan's imports from Iraq in 2019

04-01-2020 10:14 AM

Amoun - The Ministry of Energy and Mineral Resources announced that the total amount of Iraqi crude oil received by the Jordanian oil refinery during the past year amounted to 1,366 million barrels, including 360,000 barrels during the month of December.

The Minister of Energy and Mineral Resources, Engineer Hala Zawati, said in a press statement today, Saturday, that 1,430 tanks transported Iraqi crude oil by road from the start of supplying the Kingdom with Iraqi oil on the fifth of September until the end of last December, and it was unloaded at the Refinery / Zarqa site.

The import of Iraqi oil comes within the framework of the memorandum of understanding signed between the two countries in February 2019, according to which Jordan buys Iraqi crude oil (Kirkuk crude oil) to meet part of its annual needs of crude oil at an average of 10 thousand barrels per day.

Iraqi crude oil (Kirkuk crude oil) is sold to Jordan on the basis of the average monthly price of Brent crude, from which the difference in transportation costs and the difference in specifications is deducted.