March 2018, Vol. 245, No. 3

Projects

Pipeline from Iraq to Target Jordan Shortages

Jordan and Iraq agreed to a framework for building a 1,680-km, twin oil and gas pipeline from Basra to Aqaba. When completed the project will move 1 MMbpd of oil and  258 MMcf/d of gas it destination.

The pipelines are of great significance to Jordan, which, because of terrorist activities at nearly all border crossing between the two countries, has been forced find more expensive sources of oil.

Jordan currently imports 98% of its needed energy, using about 134,000 bpd with most of that coming from Saudi Arabia.