Alghad ــــ A well-informed source said that the transfer of Iraqi oil through tankers to the Kingdom will begin next weekend, after ending all financial matters between the parties.

The source said, in response to a question for "tomorrow" yesterday, that the parties in the stage of final arrangements for the transfer process, which will be through the Iraqi Oil Marketing Company to the oil refinery.

 In February, Jordan and Iraq signed an agreement that includes the purchase of 10,000 barrels of crude oil a day, which constitutes 7% of the Kingdom's needs based on the average price of Brent crude per month minus $ 16 per barrel is the difference in transport costs and specification teams.

The same source said that the transport will be at the rate of 10 thousand barrels per day to be transferred equally by using Jordanian and Iraqi tanks.

Last month, the Ministry of Energy and Mineral Resources transferred the tender for the transfer of crude oil from Baiji in Iraq to the Zarqa oil refinery, which is half a million tons, on Nael Al-Thiabat & Partners Co. (Al-Hayat Transport).

 At that time, The most appropriate "financial offer between three companies qualified for the tender, which was announced earlier.

The ministry has previously confirmed that this oil will be refined in the form of oil derivatives and will have no relation to the production of electricity, which is currently either using natural gas or renewable energy, and that traditional fuel is not currently used in electricity generation.

 The source pointed out that the tankers will be transported directly from Baiji to the site of the oil refinery in Zarqa for the first time, while the transfer of oil, before stopping on the background of political and security events in Iraq, is through the exchange of back to back in the free zone between the two countries.

The Jordanian oil refinery received a sample of Kirkuk oil and tested it, which confirms the ability of the refinery to deal with the quantities offered by this type and refining it, according to its Chief Executive Engineer Abdul Karim Alawen earlier that the refinery was receiving the same quality Until 2013 before the deterioration of the security situation in Iraq and quantities were up to 15 thousand barrels per day and were all replicated at the time to derivatives according to the need of the market.

At the same time, in the fields of energy, Jordan and Iraq are completing the necessary procedures for the construction of an oil pipeline running from Basra through Hadith and then to the port of Aqaba.

 The Iraqi Council of Ministers has recently agreed to proceed with the pipeline project pending the signing of a framework agreement between the two countries according to the Ministry of Energy and Mineral Resources, except for the project to establish a network of electrical connection between the two countries.

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